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Over 2 Trillion in debt

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By *ap d agde couple OP   Couple
over a year ago

Broadstairs

With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

 (closed, thread got too big)

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By *ogloomMan
over a year ago

Levens


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ? "

Sell arse holes. I mean sorry "sell our souls".

Move or cancel the state pension till we are 90.

 (closed, thread got too big)

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By (user no longer on site)
over a year ago


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ? "

Print some more money

 (closed, thread got too big)

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By *ap d agde couple OP   Couple
over a year ago

Broadstairs


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Print some more money"

If they carry on with that we’ll end up with a Junk currency

 (closed, thread got too big)

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By (user no longer on site)
over a year ago


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Print some more money If they carry on with that we’ll end up with a Junk currency "

Only if your the only currency doing it...and believe me we aren't

 (closed, thread got too big)

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By *hilloutMan
over a year ago

All over the place! Northwesr, , Southwest

The UK is already in serious trouble as any country would be where debt to GDP ratio is 100%.

It'll be impossible to ever pay it off under the current system. In all likelihood prepare for more austerity, budget cuts and tax hikes. It's the only formula the morons who runs governments in western countries know

 (closed, thread got too big)

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By *-4pleasureCouple
over a year ago

Belfast


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ? "

Same as every other European country

 (closed, thread got too big)

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By *atEvolutionCouple
over a year ago

atlantisEVOLUTION Swingers Club. Stoke

Printing Money has always been a good Quantitative Easing Strategy and the BoE has already started to look at it.

It has been used the World over for since at least 1664.

Writing off debt is another strategy - Internally there isn't a problem with it - Externally is more problematic because you need International Fiscal Agreements that won't disadvantage one Country against another.

 (closed, thread got too big)

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By *ap d agde couple OP   Couple
over a year ago

Broadstairs


"The UK is already in serious trouble as any country would be where debt to GDP ratio is 100%.

It'll be impossible to ever pay it off under the current system. In all likelihood prepare for more austerity, budget cuts and tax hikes. It's the only formula the morons who runs governments in western countries know "

This is one hell of a serious debt and don’t forget it’s going up every single month by billions

 (closed, thread got too big)

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By (user no longer on site)
over a year ago

2 trillion....tip of the iceberg. If/when the dust settles on this shit then the true cost will be apparent. Multiply by ten. Work longer, harder and take home less....be careful when they come for your savings too. I predict a lot of swiss bank accounts being opened to protect what little wealth folks have stashed away.

 (closed, thread got too big)

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By *rHotNottsMan
over a year ago

Dubai & Nottingham

It’s just numbers on a computer screen, it’s not real. The political ideology of whatever government is in power, determines how that debt impacts us, it’s not the debt itself

 (closed, thread got too big)

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By *atEvolutionCouple
over a year ago

atlantisEVOLUTION Swingers Club. Stoke

Also look at MMT Modern Monetary Theory. Also been around for quite a while.

 (closed, thread got too big)

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By (user no longer on site)
over a year ago


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Print some more money If they carry on with that we’ll end up with a Junk currency

Only if your the only currency doing it...and believe me we aren't "

Exactly, there are a few more options than if you or I owed our mortgage payments .

 (closed, thread got too big)

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By *hilloutMan
over a year ago

All over the place! Northwesr, , Southwest


"Printing Money has always been a good Quantitative Easing Strategy and the BoE has already started to look at it.

It has been used the World over for since at least 1664.

Writing off debt is another strategy - Internally there isn't a problem with it - Externally is more problematic because you need International Fiscal Agreements that won't disadvantage one Country against another.

"

Quantitative easing and fractional reserve banking are at the root of the financial crisis. They benefit very few insiders and impoverish everyone else over time. It's what happens when unaccountable bankers have free reign to do as they please when they please.

 (closed, thread got too big)

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By *atEvolutionCouple
over a year ago

atlantisEVOLUTION Swingers Club. Stoke


"Printing Money has always been a good Quantitative Easing Strategy and the BoE has already started to look at it.

It has been used the World over for since at least 1664.

Writing off debt is another strategy - Internally there isn't a problem with it - Externally is more problematic because you need International Fiscal Agreements that won't disadvantage one Country against another.

Quantitative easing and fractional reserve banking are at the root of the financial crisis. They benefit very few insiders and impoverish everyone else over time. It's what happens when unaccountable bankers have free reign to do as they please when they please."

But more importantly save countries from bankruptcy - who has the most at each stage in the process is the very definition of Capitalism.

 (closed, thread got too big)

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By (user no longer on site)
over a year ago

We are done, it's over.

With C19 the number 5 cause of health related deaths after cancer, heart disease, flu etc our government is intent on ruining countless businesses, increasing mental health problems, increasing suicides already at a 200% increase over the year, breaking up homes and soon to crash the economy.

Without a functioning economy we are toast. No NHS, No Emergency services and after the end of furlow watch the government print even more money at a faster rate as the economy nose dives.

Unless these twats running the country change direction we are truly done.

 (closed, thread got too big)

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By *rHotNottsMan
over a year ago

Dubai & Nottingham


"Also look at MMT Modern Monetary Theory. Also been around for quite a while."

You have to factor in skills and productivity, in France they accept around 10% unemployment to boost productivity, it’s a decision to keep the lowest skilled people completely out of work. The uk , outside of London is way behind on skills, but we still aim for full employment, so we promote low productivity, tortes don’t like giving anything away

 (closed, thread got too big)

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By *ap d agde couple OP   Couple
over a year ago

Broadstairs

As a country have we ever had so much debt our entire GDP of one year ?

 (closed, thread got too big)

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By *hilloutMan
over a year ago

All over the place! Northwesr, , Southwest


"Printing Money has always been a good Quantitative Easing Strategy and the BoE has already started to look at it.

It has been used the World over for since at least 1664.

Writing off debt is another strategy - Internally there isn't a problem with it - Externally is more problematic because you need International Fiscal Agreements that won't disadvantage one Country against another.

Quantitative easing and fractional reserve banking are at the root of the financial crisis. They benefit very few insiders and impoverish everyone else over time. It's what happens when unaccountable bankers have free reign to do as they please when they please.

But more importantly save countries from bankruptcy - who has the most at each stage in the process is the very definition of Capitalism."

No country would be in this situation if governments could create money and credit themselves. If they can issue a IOU bond, why not interest free credit for productive purposes and social programs?

 (closed, thread got too big)

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By *ionelhutzMan
over a year ago

liverpool


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Same as every other European country "

Are germany in trouble?

 (closed, thread got too big)

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By *ionelhutzMan
over a year ago

liverpool


"Printing Money has always been a good Quantitative Easing Strategy and the BoE has already started to look at it.

It has been used the World over for since at least 1664.

Writing off debt is another strategy - Internally there isn't a problem with it - Externally is more problematic because you need International Fiscal Agreements that won't disadvantage one Country against another.

Quantitative easing and fractional reserve banking are at the root of the financial crisis. They benefit very few insiders and impoverish everyone else over time. It's what happens when unaccountable bankers have free reign to do as they please when they please."

 (closed, thread got too big)

Reply privately
 

By *ionelhutzMan
over a year ago

liverpool


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ? "

Why are we in so much trouble after 10 years of austerity?

 (closed, thread got too big)

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By *atEvolutionCouple
over a year ago

atlantisEVOLUTION Swingers Club. Stoke


"Printing Money has always been a good Quantitative Easing Strategy and the BoE has already started to look at it.

It has been used the World over for since at least 1664.

Writing off debt is another strategy - Internally there isn't a problem with it - Externally is more problematic because you need International Fiscal Agreements that won't disadvantage one Country against another.

Quantitative easing and fractional reserve banking are at the root of the financial crisis. They benefit very few insiders and impoverish everyone else over time. It's what happens when unaccountable bankers have free reign to do as they please when they please.

But more importantly save countries from bankruptcy - who has the most at each stage in the process is the very definition of Capitalism.

No country would be in this situation if governments could create money and credit themselves. If they can issue a IOU bond, why not interest free credit for productive purposes and social programs?"

Because Social programmes leads to Socialism. Socialism leads to equality for all, if you have equality for all nobody works for anyone else over and above their own needs. Profit becomes irrelevant and then people start arguing why bother. And thus life goes down to the lowest denominator 'The Selfish ME' the very thing that Socialism seeks to render obsolete, and oops there goes Socialism.

 (closed, thread got too big)

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By (user no longer on site)
over a year ago


"Printing Money has always been a good Quantitative Easing Strategy and the BoE has already started to look at it.

It has been used the World over for since at least 1664.

Writing off debt is another strategy - Internally there isn't a problem with it - Externally is more problematic because you need International Fiscal Agreements that won't disadvantage one Country against another.

"

Printing money is never a good option in any scenario if the economy was run correctly. Quantitative easing creates more money which in turn de-values your money (savings, pensions, buying power etc) it's a form of theft that governments use to hide mistakes and steal from tax payers. Unfortunately most people don't realise this.

 (closed, thread got too big)

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By *ionelhutzMan
over a year ago

liverpool


"Printing Money has always been a good Quantitative Easing Strategy and the BoE has already started to look at it.

It has been used the World over for since at least 1664.

Writing off debt is another strategy - Internally there isn't a problem with it - Externally is more problematic because you need International Fiscal Agreements that won't disadvantage one Country against another.

Quantitative easing and fractional reserve banking are at the root of the financial crisis. They benefit very few insiders and impoverish everyone else over time. It's what happens when unaccountable bankers have free reign to do as they please when they please.

But more importantly save countries from bankruptcy - who has the most at each stage in the process is the very definition of Capitalism.

No country would be in this situation if governments could create money and credit themselves. If they can issue a IOU bond, why not interest free credit for productive purposes and social programs?

Because Social programmes leads to Socialism. Socialism leads to equality for all, if you have equality for all nobody works for anyone else over and above their own needs. Profit becomes irrelevant and then people start arguing why bother. And thus life goes down to the lowest denominator 'The Selfish ME' the very thing that Socialism seeks to render obsolete, and oops there goes Socialism. "

So equality is a bad thing?

 (closed, thread got too big)

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By *atEvolutionCouple
over a year ago

atlantisEVOLUTION Swingers Club. Stoke


"Printing Money has always been a good Quantitative Easing Strategy and the BoE has already started to look at it.

It has been used the World over for since at least 1664.

Writing off debt is another strategy - Internally there isn't a problem with it - Externally is more problematic because you need International Fiscal Agreements that won't disadvantage one Country against another.

Quantitative easing and fractional reserve banking are at the root of the financial crisis. They benefit very few insiders and impoverish everyone else over time. It's what happens when unaccountable bankers have free reign to do as they please when they please.

But more importantly save countries from bankruptcy - who has the most at each stage in the process is the very definition of Capitalism.

No country would be in this situation if governments could create money and credit themselves. If they can issue a IOU bond, why not interest free credit for productive purposes and social programs?

Because Social programmes leads to Socialism. Socialism leads to equality for all, if you have equality for all nobody works for anyone else over and above their own needs. Profit becomes irrelevant and then people start arguing why bother. And thus life goes down to the lowest denominator 'The Selfish ME' the very thing that Socialism seeks to render obsolete, and oops there goes Socialism.

So equality is a bad thing?

"

No. Not what I said. Socialism does not lead to equality it leads to a workforce/population no longer prepared to do anything more than just enough for themselves.

 (closed, thread got too big)

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By (user no longer on site)
over a year ago


"As a country have we ever had so much debt our entire GDP of one year ? "

We are still at a lower proportion of GDP than most European countries including France, Spain, Italy etc

Only bettered by Germany

 (closed, thread got too big)

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By (user no longer on site)
over a year ago


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Why are we in so much trouble after 10 years of austerity?"

A worldwide pandemic maybe ?

 (closed, thread got too big)

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By *rHotNottsMan
over a year ago

Dubai & Nottingham


"Printing Money has always been a good Quantitative Easing Strategy and the BoE has already started to look at it.

It has been used the World over for since at least 1664.

Writing off debt is another strategy - Internally there isn't a problem with it - Externally is more problematic because you need International Fiscal Agreements that won't disadvantage one Country against another.

Quantitative easing and fractional reserve banking are at the root of the financial crisis. They benefit very few insiders and impoverish everyone else over time. It's what happens when unaccountable bankers have free reign to do as they please when they please.

But more importantly save countries from bankruptcy - who has the most at each stage in the process is the very definition of Capitalism.

No country would be in this situation if governments could create money and credit themselves. If they can issue a IOU bond, why not interest free credit for productive purposes and social programs?

Because Social programmes leads to Socialism. Socialism leads to equality for all, if you have equality for all nobody works for anyone else over and above their own needs. Profit becomes irrelevant and then people start arguing why bother. And thus life goes down to the lowest denominator 'The Selfish ME' the very thing that Socialism seeks to render obsolete, and oops there goes Socialism.

So equality is a bad thing?

"

Unfortunately the only ways we know or have tried to achieve it fail. We are animals, competition and hierarchy are very natural things that create order and progress

 (closed, thread got too big)

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By *ap d agde couple OP   Couple
over a year ago

Broadstairs


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Why are we in so much trouble after 10 years of austerity?"

Because austerity did not touch the overall debt UK is in

 (closed, thread got too big)

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By *ionelhutzMan
over a year ago

liverpool


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Why are we in so much trouble after 10 years of austerity?

A worldwide pandemic maybe ?"

Have we paid out 2 trillion on the last 6 months?

 (closed, thread got too big)

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By *atEvolutionCouple
over a year ago

atlantisEVOLUTION Swingers Club. Stoke


"Printing Money has always been a good Quantitative Easing Strategy and the BoE has already started to look at it.

It has been used the World over for since at least 1664.

Writing off debt is another strategy - Internally there isn't a problem with it - Externally is more problematic because you need International Fiscal Agreements that won't disadvantage one Country against another.

Quantitative easing and fractional reserve banking are at the root of the financial crisis. They benefit very few insiders and impoverish everyone else over time. It's what happens when unaccountable bankers have free reign to do as they please when they please.

But more importantly save countries from bankruptcy - who has the most at each stage in the process is the very definition of Capitalism.

No country would be in this situation if governments could create money and credit themselves. If they can issue a IOU bond, why not interest free credit for productive purposes and social programs?

Because Social programmes leads to Socialism. Socialism leads to equality for all, if you have equality for all nobody works for anyone else over and above their own needs. Profit becomes irrelevant and then people start arguing why bother. And thus life goes down to the lowest denominator 'The Selfish ME' the very thing that Socialism seeks to render obsolete, and oops there goes Socialism.

So equality is a bad thing?

Unfortunately the only ways we know or have tried to achieve it fail. We are animals, competition and hierarchy are very natural things that create order and progress "

Succinctly put

 (closed, thread got too big)

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By *est Wales WifeCouple
over a year ago

Near Carmarthen


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ? "

Of course we're in serious trouble. Does anyone think there are no consequences to crashing the world economy and just printing 'funny money'?

There is a might crash coming and millions of job loses. The housing market is of course just a big Ponzi scheme waiting to unwind No doubt about it, it's just a matter of when.

Probably a currency collapse, a percentage (all?) of all savings taken by the government. New crypto currency once the pound has collapsed and everyones' savings are gone? Who knows but if you think you can just keep printing money and paying people to do nothing you are insane.

Meanwhile money has been moved up to the billionaires faster than ever during this crisis.

All for a disease that 99.97% of people survive.

 (closed, thread got too big)

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By (user no longer on site)
over a year ago


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Why are we in so much trouble after 10 years of austerity?

A worldwide pandemic maybe ?

Have we paid out 2 trillion on the last 6 months?"

No but that's why we are in trouble like most of the world or is it just Britain's and the Torys problem?

 (closed, thread got too big)

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By *egasus NobMan
over a year ago

Merton

China is licking its lips.

 (closed, thread got too big)

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By *ionelhutzMan
over a year ago

liverpool


"Printing Money has always been a good Quantitative Easing Strategy and the BoE has already started to look at it.

It has been used the World over for since at least 1664.

Writing off debt is another strategy - Internally there isn't a problem with it - Externally is more problematic because you need International Fiscal Agreements that won't disadvantage one Country against another.

Quantitative easing and fractional reserve banking are at the root of the financial crisis. They benefit very few insiders and impoverish everyone else over time. It's what happens when unaccountable bankers have free reign to do as they please when they please.

But more importantly save countries from bankruptcy - who has the most at each stage in the process is the very definition of Capitalism.

No country would be in this situation if governments could create money and credit themselves. If they can issue a IOU bond, why not interest free credit for productive purposes and social programs?

Because Social programmes leads to Socialism. Socialism leads to equality for all, if you have equality for all nobody works for anyone else over and above their own needs. Profit becomes irrelevant and then people start arguing why bother. And thus life goes down to the lowest denominator 'The Selfish ME' the very thing that Socialism seeks to render obsolete, and oops there goes Socialism.

So equality is a bad thing?

No. Not what I said. Socialism does not lead to equality it leads to a workforce/population no longer prepared to do anything more than just enough for themselves.

"

I actually partly agree with you but only because we have been taught greed is the be all and end all.

Primitive...not sure if that's the right word..traditional communities were together as a unit..so I think you are wrong to say that it never works .

It just doesnt work with consumerism and capitalism.

 (closed, thread got too big)

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By *ap d agde couple OP   Couple
over a year ago

Broadstairs


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Of course we're in serious trouble. Does anyone think there are no consequences to crashing the world economy and just printing 'funny money'?

There is a might crash coming and millions of job loses. The housing market is of course just a big Ponzi scheme waiting to unwind No doubt about it, it's just a matter of when.

Probably a currency collapse, a percentage (all?) of all savings taken by the government. New crypto currency once the pound has collapsed and everyones' savings are gone? Who knows but if you think you can just keep printing money and paying people to do nothing you are insane.

Meanwhile money has been moved up to the billionaires faster than ever during this crisis.

All for a disease that 99.97% of people survive."

Totally agree with what you Have said ,unfortunately there is going to be one hell of a crash

 (closed, thread got too big)

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By *eddy and legsCouple
over a year ago

the wetlands


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ? "

I'm still more worried about the financial effect of Brexit to be honest.

 (closed, thread got too big)

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By *atEvolutionCouple
over a year ago

atlantisEVOLUTION Swingers Club. Stoke


"China is licking its lips."

Being a Communist State - those that are the Power base are licking their lips. The general populace not so.

 (closed, thread got too big)

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By *ionelhutzMan
over a year ago

liverpool


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Why are we in so much trouble after 10 years of austerity?

A worldwide pandemic maybe ?

Have we paid out 2 trillion on the last 6 months?

No but that's why we are in trouble like most of the world or is it just Britain's and the Torys problem?"

So it's not the world wide pandemic then?

The money will be recouped in increased tax

So where did the trillions of debt come from and why are we the worst hit in Europe?

 (closed, thread got too big)

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By *eddy and legsCouple
over a year ago

the wetlands


"

All for a disease that 99.97% of people survive."

And the survival rate is 100% due to the restrictions imposed, so what's your point ?

 (closed, thread got too big)

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By (user no longer on site)
over a year ago


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Why are we in so much trouble after 10 years of austerity?

A worldwide pandemic maybe ?

Have we paid out 2 trillion on the last 6 months?

No but that's why we are in trouble like most of the world or is it just Britain's and the Torys problem?

So it's not the world wide pandemic then?

The money will be recouped in increased tax

So where did the trillions of debt come from and why are we the worst hit in Europe?"

We are far from the worst economy wise ??

 (closed, thread got too big)

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By *ionelhutzMan
over a year ago

liverpool


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

I'm still more worried about the financial effect of Brexit to be honest."

I'm sure everything will be blamed on covid.

 (closed, thread got too big)

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By *atEvolutionCouple
over a year ago

atlantisEVOLUTION Swingers Club. Stoke


"Printing Money has always been a good Quantitative Easing Strategy and the BoE has already started to look at it.

It has been used the World over for since at least 1664.

Writing off debt is another strategy - Internally there isn't a problem with it - Externally is more problematic because you need International Fiscal Agreements that won't disadvantage one Country against another.

Quantitative easing and fractional reserve banking are at the root of the financial crisis. They benefit very few insiders and impoverish everyone else over time. It's what happens when unaccountable bankers have free reign to do as they please when they please.

But more importantly save countries from bankruptcy - who has the most at each stage in the process is the very definition of Capitalism.

No country would be in this situation if governments could create money and credit themselves. If they can issue a IOU bond, why not interest free credit for productive purposes and social programs?

Because Social programmes leads to Socialism. Socialism leads to equality for all, if you have equality for all nobody works for anyone else over and above their own needs. Profit becomes irrelevant and then people start arguing why bother. And thus life goes down to the lowest denominator 'The Selfish ME' the very thing that Socialism seeks to render obsolete, and oops there goes Socialism.

So equality is a bad thing?

No. Not what I said. Socialism does not lead to equality it leads to a workforce/population no longer prepared to do anything more than just enough for themselves.

I actually partly agree with you but only because we have been taught greed is the be all and end all.

Primitive...not sure if that's the right word..traditional communities were together as a unit..so I think you are wrong to say that it never works .

It just doesnt work with consumerism and capitalism. "

There isn't a Model yet that has been tried that works as well as Capitalism. With regard to Freedom and Relative Wealth and Health of the population. Sadly.

 (closed, thread got too big)

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By *ionelhutzMan
over a year ago

liverpool


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Why are we in so much trouble after 10 years of austerity?

A worldwide pandemic maybe ?

Have we paid out 2 trillion on the last 6 months?

No but that's why we are in trouble like most of the world or is it just Britain's and the Torys problem?

So it's not the world wide pandemic then?

The money will be recouped in increased tax

So where did the trillions of debt come from and why are we the worst hit in Europe?

We are far from the worst economy wise ??"

https://www.google.com/amp/s/www.bbc.com/news/amp/business-53918568

 (closed, thread got too big)

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By *urekamanfor2Man
over a year ago

Shoreham

Just back from France and on their news are saying they will be hitting 130% in debt of GDP

 (closed, thread got too big)

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By (user no longer on site)
over a year ago


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Why are we in so much trouble after 10 years of austerity?

A worldwide pandemic maybe ?

Have we paid out 2 trillion on the last 6 months?

No but that's why we are in trouble like most of the world or is it just Britain's and the Torys problem?

So it's not the world wide pandemic then?

The money will be recouped in increased tax

So where did the trillions of debt come from and why are we the worst hit in Europe?"

Yawn .

Everything is the torys fault .

Over and over and over again.

I am glad I sit in the middle ground of politics.

It gets so boring watching the left and right bitching about each other.

Your party lost 4 in a row get over it.

When your party gets into power the right will whinge about everything governmental.

It's just a circle if shit.

 (closed, thread got too big)

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By *ionelhutzMan
over a year ago

liverpool


"Printing Money has always been a good Quantitative Easing Strategy and the BoE has already started to look at it.

It has been used the World over for since at least 1664.

Writing off debt is another strategy - Internally there isn't a problem with it - Externally is more problematic because you need International Fiscal Agreements that won't disadvantage one Country against another.

Quantitative easing and fractional reserve banking are at the root of the financial crisis. They benefit very few insiders and impoverish everyone else over time. It's what happens when unaccountable bankers have free reign to do as they please when they please.

But more importantly save countries from bankruptcy - who has the most at each stage in the process is the very definition of Capitalism.

No country would be in this situation if governments could create money and credit themselves. If they can issue a IOU bond, why not interest free credit for productive purposes and social programs?

Because Social programmes leads to Socialism. Socialism leads to equality for all, if you have equality for all nobody works for anyone else over and above their own needs. Profit becomes irrelevant and then people start arguing why bother. And thus life goes down to the lowest denominator 'The Selfish ME' the very thing that Socialism seeks to render obsolete, and oops there goes Socialism.

So equality is a bad thing?

No. Not what I said. Socialism does not lead to equality it leads to a workforce/population no longer prepared to do anything more than just enough for themselves.

I actually partly agree with you but only because we have been taught greed is the be all and end all.

Primitive...not sure if that's the right word..traditional communities were together as a unit..so I think you are wrong to say that it never works .

It just doesnt work with consumerism and capitalism.

There isn't a Model yet that has been tried that works as well as Capitalism. With regard to Freedom and Relative Wealth and Health of the population. Sadly."

I'd say the Scandinavian model of socialism/capitalism is a much fairer system than what we have.

Even the uk post war period was a better system .

 (closed, thread got too big)

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By *ionelhutzMan
over a year ago

liverpool


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Why are we in so much trouble after 10 years of austerity?

A worldwide pandemic maybe ?

Have we paid out 2 trillion on the last 6 months?

No but that's why we are in trouble like most of the world or is it just Britain's and the Torys problem?

So it's not the world wide pandemic then?

The money will be recouped in increased tax

So where did the trillions of debt come from and why are we the worst hit in Europe?

Yawn .

Everything is the torys fault .

Over and over and over again.

I am glad I sit in the middle ground of politics.

It gets so boring watching the left and right bitching about each other.

Your party lost 4 in a row get over it.

When your party gets into power the right will whinge about everything governmental.

It's just a circle if shit."

Superb argument.

Well done.

I doff my cap.

 (closed, thread got too big)

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By (user no longer on site)
over a year ago


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Why are we in so much trouble after 10 years of austerity?

A worldwide pandemic maybe ?

Have we paid out 2 trillion on the last 6 months?

No but that's why we are in trouble like most of the world or is it just Britain's and the Torys problem?

So it's not the world wide pandemic then?

The money will be recouped in increased tax

So where did the trillions of debt come from and why are we the worst hit in Europe?

We are far from the worst economy wise ??

https://www.google.com/amp/s/www.bbc.com/news/amp/business-53918568"

Not great but still Keeping up below the overall borrowing of most European countries

 (closed, thread got too big)

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By (user no longer on site)
over a year ago


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Why are we in so much trouble after 10 years of austerity?

A worldwide pandemic maybe ?

Have we paid out 2 trillion on the last 6 months?

No but that's why we are in trouble like most of the world or is it just Britain's and the Torys problem?

So it's not the world wide pandemic then?

The money will be recouped in increased tax

So where did the trillions of debt come from and why are we the worst hit in Europe?

Yawn .

Everything is the torys fault .

Over and over and over again.

I am glad I sit in the middle ground of politics.

It gets so boring watching the left and right bitching about each other.

Your party lost 4 in a row get over it.

When your party gets into power the right will whinge about everything governmental.

It's just a circle if shit.

Superb argument.

Well done.

I doff my cap."

It's all you spout.

 (closed, thread got too big)

Reply privately
 

By *ionelhutzMan
over a year ago

liverpool


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Why are we in so much trouble after 10 years of austerity?

A worldwide pandemic maybe ?

Have we paid out 2 trillion on the last 6 months?

No but that's why we are in trouble like most of the world or is it just Britain's and the Torys problem?

So it's not the world wide pandemic then?

The money will be recouped in increased tax

So where did the trillions of debt come from and why are we the worst hit in Europe?

We are far from the worst economy wise ??

https://www.google.com/amp/s/www.bbc.com/news/amp/business-53918568

Not great but still Keeping up below the overall borrowing of most European countries "

Not great with Brexit still to come.

 (closed, thread got too big)

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By *ionelhutzMan
over a year ago

liverpool


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Why are we in so much trouble after 10 years of austerity?

A worldwide pandemic maybe ?

Have we paid out 2 trillion on the last 6 months?

No but that's why we are in trouble like most of the world or is it just Britain's and the Torys problem?

So it's not the world wide pandemic then?

The money will be recouped in increased tax

So where did the trillions of debt come from and why are we the worst hit in Europe?

Yawn .

Everything is the torys fault .

Over and over and over again.

I am glad I sit in the middle ground of politics.

It gets so boring watching the left and right bitching about each other.

Your party lost 4 in a row get over it.

When your party gets into power the right will whinge about everything governmental.

It's just a circle if shit.

Superb argument.

Well done.

I doff my cap.

It's all you spout. "

Try getting something right then.

 (closed, thread got too big)

Reply privately
 

By (user no longer on site)
over a year ago


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Why are we in so much trouble after 10 years of austerity?

A worldwide pandemic maybe ?

Have we paid out 2 trillion on the last 6 months?

No but that's why we are in trouble like most of the world or is it just Britain's and the Torys problem?

So it's not the world wide pandemic then?

The money will be recouped in increased tax

So where did the trillions of debt come from and why are we the worst hit in Europe?

Yawn .

Everything is the torys fault .

Over and over and over again.

I am glad I sit in the middle ground of politics.

It gets so boring watching the left and right bitching about each other.

Your party lost 4 in a row get over it.

When your party gets into power the right will whinge about everything governmental.

It's just a circle if shit.

Superb argument.

Well done.

I doff my cap.

It's all you spout.

Try getting something right then."

Who ?

 (closed, thread got too big)

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By *ostafunMan
over a year ago

near ipswich


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Why are we in so much trouble after 10 years of austerity?

A worldwide pandemic maybe ?

Have we paid out 2 trillion on the last 6 months?

No but that's why we are in trouble like most of the world or is it just Britain's and the Torys problem?

So it's not the world wide pandemic then?

The money will be recouped in increased tax

So where did the trillions of debt come from and why are we the worst hit in Europe?

We are far from the worst economy wise ??

https://www.google.com/amp/s/www.bbc.com/news/amp/business-53918568

Not great but still Keeping up below the overall borrowing of most European countries

Not great with Brexit still to come."

it could be mate we will only have to pay our own debt not 1/2 of Europe's.

 (closed, thread got too big)

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By *urekamanfor2Man
over a year ago

Shoreham


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Why are we in so much trouble after 10 years of austerity?

A worldwide pandemic maybe ?

Have we paid out 2 trillion on the last 6 months?

No but that's why we are in trouble like most of the world or is it just Britain's and the Torys problem?

So it's not the world wide pandemic then?

The money will be recouped in increased tax

So where did the trillions of debt come from and why are we the worst hit in Europe?

We are far from the worst economy wise ??

https://www.google.com/amp/s/www.bbc.com/news/amp/business-53918568

Not great but still Keeping up below the overall borrowing of most European countries

Not great with Brexit still to come."

Agreed but again in France they also fear Brexit will increase their borrowing as the balance of trade between the 2 countries is heavily French so they are indeed feeling in the shit too

 (closed, thread got too big)

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By *ionelhutzMan
over a year ago

liverpool


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Why are we in so much trouble after 10 years of austerity?

A worldwide pandemic maybe ?

Have we paid out 2 trillion on the last 6 months?

No but that's why we are in trouble like most of the world or is it just Britain's and the Torys problem?

So it's not the world wide pandemic then?

The money will be recouped in increased tax

So where did the trillions of debt come from and why are we the worst hit in Europe?

Yawn .

Everything is the torys fault .

Over and over and over again.

I am glad I sit in the middle ground of politics.

It gets so boring watching the left and right bitching about each other.

Your party lost 4 in a row get over it.

When your party gets into power the right will whinge about everything governmental.

It's just a circle if shit.

Superb argument.

Well done.

I doff my cap.

It's all you spout.

Try getting something right then.

Who ?"

You said we were 2 trillion in debt due to the pandemic.

Utter nonsense.

 (closed, thread got too big)

Reply privately
 

By *ionelhutzMan
over a year ago

liverpool


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Why are we in so much trouble after 10 years of austerity?

A worldwide pandemic maybe ?

Have we paid out 2 trillion on the last 6 months?

No but that's why we are in trouble like most of the world or is it just Britain's and the Torys problem?

So it's not the world wide pandemic then?

The money will be recouped in increased tax

So where did the trillions of debt come from and why are we the worst hit in Europe?

We are far from the worst economy wise ??

https://www.google.com/amp/s/www.bbc.com/news/amp/business-53918568

Not great but still Keeping up below the overall borrowing of most European countries

Not great with Brexit still to come. it could be mate we will only have to pay our own debt not 1/2 of Europe's."

Instead..thatss not really true whatsoever is it?

 (closed, thread got too big)

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By (user no longer on site)
over a year ago


"As a country have we ever had so much debt our entire GDP of one year ? "

does it matter?

as a planet have we ever had so much debt in one year?

we’ve also never had a global pandemic in a 21st century world ... current (pre covid) economies cant be compared to when the spanish flue was about , neither can the expectations we have now of economy vs life as back then the medical knowledge we have now for it to be a consideration didn’t even exist

with things like the furlough scheme, the government have taken national debt in place of business and personal debt ... would you rather we just ask for all the furlough payments back, get the debt down and let individuals deal with the fall out?

 (closed, thread got too big)

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By *urekamanfor2Man
over a year ago

Shoreham


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Why are we in so much trouble after 10 years of austerity?

A worldwide pandemic maybe ?

Have we paid out 2 trillion on the last 6 months?

No but that's why we are in trouble like most of the world or is it just Britain's and the Torys problem?

So it's not the world wide pandemic then?

The money will be recouped in increased tax

So where did the trillions of debt come from and why are we the worst hit in Europe?

We are far from the worst economy wise ??

https://www.google.com/amp/s/www.bbc.com/news/amp/business-53918568

Not great but still Keeping up below the overall borrowing of most European countries

Not great with Brexit still to come. it could be mate we will only have to pay our own debt not 1/2 of Europe's."

In the long term I reckon we will very much all benefit

 (closed, thread got too big)

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By *ionelhutzMan
over a year ago

liverpool


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Why are we in so much trouble after 10 years of austerity?

A worldwide pandemic maybe ?

Have we paid out 2 trillion on the last 6 months?

No but that's why we are in trouble like most of the world or is it just Britain's and the Torys problem?

So it's not the world wide pandemic then?

The money will be recouped in increased tax

So where did the trillions of debt come from and why are we the worst hit in Europe?

We are far from the worst economy wise ??

https://www.google.com/amp/s/www.bbc.com/news/amp/business-53918568

Not great but still Keeping up below the overall borrowing of most European countries

Not great with Brexit still to come.

Agreed but again in France they also fear Brexit will increase their borrowing as the balance of trade between the 2 countries is heavily French so they are indeed feeling in the shit too "

But at least they have something to fall back on.

We are on our own..and The negatives are already being hidden under covid.

 (closed, thread got too big)

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By *ionelhutzMan
over a year ago

liverpool


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Why are we in so much trouble after 10 years of austerity?

A worldwide pandemic maybe ?

Have we paid out 2 trillion on the last 6 months?

No but that's why we are in trouble like most of the world or is it just Britain's and the Torys problem?

So it's not the world wide pandemic then?

The money will be recouped in increased tax

So where did the trillions of debt come from and why are we the worst hit in Europe?

We are far from the worst economy wise ??

https://www.google.com/amp/s/www.bbc.com/news/amp/business-53918568

Not great but still Keeping up below the overall borrowing of most European countries

Not great with Brexit still to come. it could be mate we will only have to pay our own debt not 1/2 of Europe's.

In the long term I reckon we will very much all benefit "

Are you basing that on anything?

 (closed, thread got too big)

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By (user no longer on site)
over a year ago


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Why are we in so much trouble after 10 years of austerity?

A worldwide pandemic maybe ?

Have we paid out 2 trillion on the last 6 months?

No but that's why we are in trouble like most of the world or is it just Britain's and the Torys problem?

So it's not the world wide pandemic then?

The money will be recouped in increased tax

So where did the trillions of debt come from and why are we the worst hit in Europe?

Yawn .

Everything is the torys fault .

Over and over and over again.

I am glad I sit in the middle ground of politics.

It gets so boring watching the left and right bitching about each other.

Your party lost 4 in a row get over it.

When your party gets into power the right will whinge about everything governmental.

It's just a circle if shit.

Superb argument.

Well done.

I doff my cap.

It's all you spout.

Try getting something right then.

Who ?

You said we were 2 trillion in debt due to the pandemic.

Utter nonsense. "

Lol I better leave it here.

I might get another timeout.

 (closed, thread got too big)

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By (user no longer on site)
over a year ago

And we havent even started with winter yet

 (closed, thread got too big)

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By (user no longer on site)
over a year ago


"Printing Money has always been a good Quantitative Easing Strategy and the BoE has already started to look at it.

It has been used the World over for since at least 1664.

Writing off debt is another strategy - Internally there isn't a problem with it - Externally is more problematic because you need International Fiscal Agreements that won't disadvantage one Country against another.

Quantitative easing and fractional reserve banking are at the root of the financial crisis. They benefit very few insiders and impoverish everyone else over time. It's what happens when unaccountable bankers have free reign to do as they please when they please.

But more importantly save countries from bankruptcy - who has the most at each stage in the process is the very definition of Capitalism.

No country would be in this situation if governments could create money and credit themselves. If they can issue a IOU bond, why not interest free credit for productive purposes and social programs?

Because Social programmes leads to Socialism. Socialism leads to equality for all, if you have equality for all nobody works for anyone else over and above their own needs. Profit becomes irrelevant and then people start arguing why bother. And thus life goes down to the lowest denominator 'The Selfish ME' the very thing that Socialism seeks to render obsolete, and oops there goes Socialism.

So equality is a bad thing?

"

if thats what you take from it ..: i read it as race to the bottom is a bad thing ... if all levels of effort award the same return why would anyone ever try

 (closed, thread got too big)

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By *urekamanfor2Man
over a year ago

Shoreham


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Why are we in so much trouble after 10 years of austerity?

A worldwide pandemic maybe ?

Have we paid out 2 trillion on the last 6 months?

No but that's why we are in trouble like most of the world or is it just Britain's and the Torys problem?

So it's not the world wide pandemic then?

The money will be recouped in increased tax

So where did the trillions of debt come from and why are we the worst hit in Europe?

We are far from the worst economy wise ??

https://www.google.com/amp/s/www.bbc.com/news/amp/business-53918568

Not great but still Keeping up below the overall borrowing of most European countries

Not great with Brexit still to come. it could be mate we will only have to pay our own debt not 1/2 of Europe's.

Instead..thatss not really true whatsoever is it?"

Well it is , wrt we will not be continuing subsidising the Europeans but short term it is going to be tough times

 (closed, thread got too big)

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By *eddy and legsCouple
over a year ago

the wetlands


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

I'm still more worried about the financial effect of Brexit to be honest.

I'm sure everything will be blamed on covid."

I'm sure Boris is banking on it.

 (closed, thread got too big)

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By *ionelhutzMan
over a year ago

liverpool


"As a country have we ever had so much debt our entire GDP of one year ?

does it matter?

as a planet have we ever had so much debt in one year?

we’ve also never had a global pandemic in a 21st century world ... current (pre covid) economies cant be compared to when the spanish flue was about , neither can the expectations we have now of economy vs life as back then the medical knowledge we have now for it to be a consideration didn’t even exist

with things like the furlough scheme, the government have taken national debt in place of business and personal debt ... would you rather we just ask for all the furlough payments back, get the debt down and let individuals deal with the fall out? "

That furlough money will be recouped.Every last penny.

The problem is going to be the amount of businesses which have gone under.

It's going to be no easy task sorting that out.

 (closed, thread got too big)

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By *urekamanfor2Man
over a year ago

Shoreham


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Why are we in so much trouble after 10 years of austerity?

A worldwide pandemic maybe ?

Have we paid out 2 trillion on the last 6 months?

No but that's why we are in trouble like most of the world or is it just Britain's and the Torys problem?

So it's not the world wide pandemic then?

The money will be recouped in increased tax

So where did the trillions of debt come from and why are we the worst hit in Europe?

We are far from the worst economy wise ??

https://www.google.com/amp/s/www.bbc.com/news/amp/business-53918568

Not great but still Keeping up below the overall borrowing of most European countries

Not great with Brexit still to come. it could be mate we will only have to pay our own debt not 1/2 of Europe's.

In the long term I reckon we will very much all benefit

Are you basing that on anything?"

On the basis we will finally be free of the bearocratic nonsense and trade limitations than the market has imposed !

 (closed, thread got too big)

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By *ionelhutzMan
over a year ago

liverpool


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Why are we in so much trouble after 10 years of austerity?

A worldwide pandemic maybe ?

Have we paid out 2 trillion on the last 6 months?

No but that's why we are in trouble like most of the world or is it just Britain's and the Torys problem?

So it's not the world wide pandemic then?

The money will be recouped in increased tax

So where did the trillions of debt come from and why are we the worst hit in Europe?

We are far from the worst economy wise ??

https://www.google.com/amp/s/www.bbc.com/news/amp/business-53918568

Not great but still Keeping up below the overall borrowing of most European countries

Not great with Brexit still to come. it could be mate we will only have to pay our own debt not 1/2 of Europe's.

Instead..thatss not really true whatsoever is it?

Well it is , wrt we will not be continuing subsidising the Europeans but short term it is going to be tough times "

We dont pay for half of europe

Fact.

 (closed, thread got too big)

Reply privately
 

By *ionelhutzMan
over a year ago

liverpool


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Why are we in so much trouble after 10 years of austerity?

A worldwide pandemic maybe ?

Have we paid out 2 trillion on the last 6 months?

No but that's why we are in trouble like most of the world or is it just Britain's and the Torys problem?

So it's not the world wide pandemic then?

The money will be recouped in increased tax

So where did the trillions of debt come from and why are we the worst hit in Europe?

We are far from the worst economy wise ??

https://www.google.com/amp/s/www.bbc.com/news/amp/business-53918568

Not great but still Keeping up below the overall borrowing of most European countries

Not great with Brexit still to come. it could be mate we will only have to pay our own debt not 1/2 of Europe's.

In the long term I reckon we will very much all benefit

Are you basing that on anything?

On the basis we will finally be free of the bearocratic nonsense and trade limitations than the market has imposed !"

Good luck with that.

 (closed, thread got too big)

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By *urekamanfor2Man
over a year ago

Shoreham


"As a country have we ever had so much debt our entire GDP of one year ?

does it matter?

as a planet have we ever had so much debt in one year?

we’ve also never had a global pandemic in a 21st century world ... current (pre covid) economies cant be compared to when the spanish flue was about , neither can the expectations we have now of economy vs life as back then the medical knowledge we have now for it to be a consideration didn’t even exist

with things like the furlough scheme, the government have taken national debt in place of business and personal debt ... would you rather we just ask for all the furlough payments back, get the debt down and let individuals deal with the fall out?

That furlough money will be recouped.Every last penny.

The problem is going to be the amount of businesses which have gone under.

It's going to be no easy task sorting that out."

The smart look upon bad times such as this as opportune. There will be new businesses flourishing probably not until next year. Smarter fitter and stronger .....

 (closed, thread got too big)

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By *urekamanfor2Man
over a year ago

Shoreham


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Why are we in so much trouble after 10 years of austerity?

A worldwide pandemic maybe ?

Have we paid out 2 trillion on the last 6 months?

No but that's why we are in trouble like most of the world or is it just Britain's and the Torys problem?

So it's not the world wide pandemic then?

The money will be recouped in increased tax

So where did the trillions of debt come from and why are we the worst hit in Europe?

We are far from the worst economy wise ??

https://www.google.com/amp/s/www.bbc.com/news/amp/business-53918568

Not great but still Keeping up below the overall borrowing of most European countries

Not great with Brexit still to come. it could be mate we will only have to pay our own debt not 1/2 of Europe's.

Instead..thatss not really true whatsoever is it?

Well it is , wrt we will not be continuing subsidising the Europeans but short term it is going to be tough times

We dont pay for half of europe

Fact."

Not half but beyond our fair share

 (closed, thread got too big)

Reply privately
 

By *ensualguy70TV/TS
over a year ago

paisley


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ? "

Just think of all those £10,000 fines that they will be raking in

 (closed, thread got too big)

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By (user no longer on site)
over a year ago


"Printing Money has always been a good Quantitative Easing Strategy and the BoE has already started to look at it.

It has been used the World over for since at least 1664.

Writing off debt is another strategy - Internally there isn't a problem with it - Externally is more problematic because you need International Fiscal Agreements that won't disadvantage one Country against another.

Quantitative easing and fractional reserve banking are at the root of the financial crisis. They benefit very few insiders and impoverish everyone else over time. It's what happens when unaccountable bankers have free reign to do as they please when they please.

But more importantly save countries from bankruptcy - who has the most at each stage in the process is the very definition of Capitalism.

No country would be in this situation if governments could create money and credit themselves. If they can issue a IOU bond, why not interest free credit for productive purposes and social programs?

Because Social programmes leads to Socialism. Socialism leads to equality for all, if you have equality for all nobody works for anyone else over and above their own needs. Profit becomes irrelevant and then people start arguing why bother. And thus life goes down to the lowest denominator 'The Selfish ME' the very thing that Socialism seeks to render obsolete, and oops there goes Socialism.

So equality is a bad thing?

No. Not what I said. Socialism does not lead to equality it leads to a workforce/population no longer prepared to do anything more than just enough for themselves.

I actually partly agree with you but only because we have been taught greed is the be all and end all.

Primitive...not sure if that's the right word..traditional communities were together as a unit..so I think you are wrong to say that it never works .

It just doesnt work with consumerism and capitalism.

There isn't a Model yet that has been tried that works as well as Capitalism. With regard to Freedom and Relative Wealth and Health of the population. Sadly.

I'd say the Scandinavian model of socialism/capitalism is a much fairer system than what we have.

Even the uk post war period was a better system ."

how many discussions even just on this forum have demonstrated that we dont have the same values as scandanavian countries ... people like to look at things in isolation but without the other bits of the jigsaw it just doesnt work

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By *ionelhutzMan
over a year ago

liverpool


"Printing Money has always been a good Quantitative Easing Strategy and the BoE has already started to look at it.

It has been used the World over for since at least 1664.

Writing off debt is another strategy - Internally there isn't a problem with it - Externally is more problematic because you need International Fiscal Agreements that won't disadvantage one Country against another.

Quantitative easing and fractional reserve banking are at the root of the financial crisis. They benefit very few insiders and impoverish everyone else over time. It's what happens when unaccountable bankers have free reign to do as they please when they please.

But more importantly save countries from bankruptcy - who has the most at each stage in the process is the very definition of Capitalism.

No country would be in this situation if governments could create money and credit themselves. If they can issue a IOU bond, why not interest free credit for productive purposes and social programs?

Because Social programmes leads to Socialism. Socialism leads to equality for all, if you have equality for all nobody works for anyone else over and above their own needs. Profit becomes irrelevant and then people start arguing why bother. And thus life goes down to the lowest denominator 'The Selfish ME' the very thing that Socialism seeks to render obsolete, and oops there goes Socialism.

So equality is a bad thing?

if thats what you take from it ..: i read it as race to the bottom is a bad thing ... if all levels of effort award the same return why would anyone ever try "

Because it's not the same return

If under socialism you were a business leader and a cleaner..you wouldn't be earning the same money?

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By (user no longer on site)
over a year ago


"Printing Money has always been a good Quantitative Easing Strategy and the BoE has already started to look at it.

It has been used the World over for since at least 1664.

Writing off debt is another strategy - Internally there isn't a problem with it - Externally is more problematic because you need International Fiscal Agreements that won't disadvantage one Country against another.

Quantitative easing and fractional reserve banking are at the root of the financial crisis. They benefit very few insiders and impoverish everyone else over time. It's what happens when unaccountable bankers have free reign to do as they please when they please.

But more importantly save countries from bankruptcy - who has the most at each stage in the process is the very definition of Capitalism.

No country would be in this situation if governments could create money and credit themselves. If they can issue a IOU bond, why not interest free credit for productive purposes and social programs?

Because Social programmes leads to Socialism. Socialism leads to equality for all, if you have equality for all nobody works for anyone else over and above their own needs. Profit becomes irrelevant and then people start arguing why bother. And thus life goes down to the lowest denominator 'The Selfish ME' the very thing that Socialism seeks to render obsolete, and oops there goes Socialism.

So equality is a bad thing?

if thats what you take from it ..: i read it as race to the bottom is a bad thing ... if all levels of effort award the same return why would anyone ever try "

Thats why I left local authority employment a few year back.

It ran a bonus scheme the harder you worked the more you made.

A few years down the road they decided to put us all on the same bonus.

The grafters and the lazy fockers were then on the same money.

You can imagine what happened to the people who used to work hard for their money.

 (closed, thread got too big)

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By *ionelhutzMan
over a year ago

liverpool


"Printing Money has always been a good Quantitative Easing Strategy and the BoE has already started to look at it.

It has been used the World over for since at least 1664.

Writing off debt is another strategy - Internally there isn't a problem with it - Externally is more problematic because you need International Fiscal Agreements that won't disadvantage one Country against another.

Quantitative easing and fractional reserve banking are at the root of the financial crisis. They benefit very few insiders and impoverish everyone else over time. It's what happens when unaccountable bankers have free reign to do as they please when they please.

But more importantly save countries from bankruptcy - who has the most at each stage in the process is the very definition of Capitalism.

No country would be in this situation if governments could create money and credit themselves. If they can issue a IOU bond, why not interest free credit for productive purposes and social programs?

Because Social programmes leads to Socialism. Socialism leads to equality for all, if you have equality for all nobody works for anyone else over and above their own needs. Profit becomes irrelevant and then people start arguing why bother. And thus life goes down to the lowest denominator 'The Selfish ME' the very thing that Socialism seeks to render obsolete, and oops there goes Socialism.

So equality is a bad thing?

No. Not what I said. Socialism does not lead to equality it leads to a workforce/population no longer prepared to do anything more than just enough for themselves.

I actually partly agree with you but only because we have been taught greed is the be all and end all.

Primitive...not sure if that's the right word..traditional communities were together as a unit..so I think you are wrong to say that it never works .

It just doesnt work with consumerism and capitalism.

There isn't a Model yet that has been tried that works as well as Capitalism. With regard to Freedom and Relative Wealth and Health of the population. Sadly.

I'd say the Scandinavian model of socialism/capitalism is a much fairer system than what we have.

Even the uk post war period was a better system .

how many discussions even just on this forum have demonstrated that we dont have the same values as scandanavian countries ... people like to look at things in isolation but without the other bits of the jigsaw it just doesnt work "

That's not really the point.

It was argued that outright capitalism is the best system around.

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By (user no longer on site)
over a year ago


"As a country have we ever had so much debt our entire GDP of one year ?

does it matter?

as a planet have we ever had so much debt in one year?

we’ve also never had a global pandemic in a 21st century world ... current (pre covid) economies cant be compared to when the spanish flue was about , neither can the expectations we have now of economy vs life as back then the medical knowledge we have now for it to be a consideration didn’t even exist

with things like the furlough scheme, the government have taken national debt in place of business and personal debt ... would you rather we just ask for all the furlough payments back, get the debt down and let individuals deal with the fall out?

That furlough money will be recouped.Every last penny.

The problem is going to be the amount of businesses which have gone under.

It's going to be no easy task sorting that out.

The smart look upon bad times such as this as opportune. There will be new businesses flourishing probably not until next year. Smarter fitter and stronger ....."

It would be good to think that we can learn from this. Come back stronger

But I fear that humans will keep making the same mistakes until there is no planet left

We are just too selfish and materialistic

 (closed, thread got too big)

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By *isfits behaving badlyCouple
over a year ago

Coventry

Is there not any where else in the world with riches we could go, pop out and steal?

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By (user no longer on site)
over a year ago


"Printing Money has always been a good Quantitative Easing Strategy and the BoE has already started to look at it.

It has been used the World over for since at least 1664.

Writing off debt is another strategy - Internally there isn't a problem with it - Externally is more problematic because you need International Fiscal Agreements that won't disadvantage one Country against another.

Quantitative easing and fractional reserve banking are at the root of the financial crisis. They benefit very few insiders and impoverish everyone else over time. It's what happens when unaccountable bankers have free reign to do as they please when they please.

But more importantly save countries from bankruptcy - who has the most at each stage in the process is the very definition of Capitalism.

No country would be in this situation if governments could create money and credit themselves. If they can issue a IOU bond, why not interest free credit for productive purposes and social programs?

Because Social programmes leads to Socialism. Socialism leads to equality for all, if you have equality for all nobody works for anyone else over and above their own needs. Profit becomes irrelevant and then people start arguing why bother. And thus life goes down to the lowest denominator 'The Selfish ME' the very thing that Socialism seeks to render obsolete, and oops there goes Socialism.

So equality is a bad thing?

if thats what you take from it ..: i read it as race to the bottom is a bad thing ... if all levels of effort award the same return why would anyone ever try

Thats why I left local authority employment a few year back.

It ran a bonus scheme the harder you worked the more you made.

A few years down the road they decided to put us all on the same bonus.

The grafters and the lazy fockers were then on the same money.

You can imagine what happened to the people who used to work hard for their money. "

i work in the private sector and we also removed performance related bonuses a few years ago and as such my bonus halved and due to salary banding i now get less than members of my team i spend half my week carrying.., it will definitely be a factor in deciding my next role

 (closed, thread got too big)

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By *ionelhutzMan
over a year ago

liverpool


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Why are we in so much trouble after 10 years of austerity?

A worldwide pandemic maybe ?

Have we paid out 2 trillion on the last 6 months?

No but that's why we are in trouble like most of the world or is it just Britain's and the Torys problem?

So it's not the world wide pandemic then?

The money will be recouped in increased tax

So where did the trillions of debt come from and why are we the worst hit in Europe?

We are far from the worst economy wise ??

https://www.google.com/amp/s/www.bbc.com/news/amp/business-53918568

Not great but still Keeping up below the overall borrowing of most European countries

Not great with Brexit still to come. it could be mate we will only have to pay our own debt not 1/2 of Europe's.

Instead..thatss not really true whatsoever is it?

Well it is , wrt we will not be continuing subsidising the Europeans but short term it is going to be tough times

We dont pay for half of europe

Fact.

Not half but beyond our fair share "

Well I'm sure we will have have unicorns shitting gold bricks in our front rooms now we are out.

 (closed, thread got too big)

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By (user no longer on site)
over a year ago


"Printing Money has always been a good Quantitative Easing Strategy and the BoE has already started to look at it.

It has been used the World over for since at least 1664.

Writing off debt is another strategy - Internally there isn't a problem with it - Externally is more problematic because you need International Fiscal Agreements that won't disadvantage one Country against another.

Quantitative easing and fractional reserve banking are at the root of the financial crisis. They benefit very few insiders and impoverish everyone else over time. It's what happens when unaccountable bankers have free reign to do as they please when they please.

But more importantly save countries from bankruptcy - who has the most at each stage in the process is the very definition of Capitalism.

No country would be in this situation if governments could create money and credit themselves. If they can issue a IOU bond, why not interest free credit for productive purposes and social programs?

Because Social programmes leads to Socialism. Socialism leads to equality for all, if you have equality for all nobody works for anyone else over and above their own needs. Profit becomes irrelevant and then people start arguing why bother. And thus life goes down to the lowest denominator 'The Selfish ME' the very thing that Socialism seeks to render obsolete, and oops there goes Socialism.

So equality is a bad thing?

if thats what you take from it ..: i read it as race to the bottom is a bad thing ... if all levels of effort award the same return why would anyone ever try

Thats why I left local authority employment a few year back.

It ran a bonus scheme the harder you worked the more you made.

A few years down the road they decided to put us all on the same bonus.

The grafters and the lazy fockers were then on the same money.

You can imagine what happened to the people who used to work hard for their money.

i work in the private sector and we also removed performance related bonuses a few years ago and as such my bonus halved and due to salary banding i now get less than members of my team i spend half my week carrying.., it will definitely be a factor in deciding my next role "

 (closed, thread got too big)

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By *urekamanfor2Man
over a year ago

Shoreham


"Is there not any where else in the world with riches we could go, pop out and steal?"

Are we back to the chinese paying reparations?? Lol

 (closed, thread got too big)

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By *ionelhutzMan
over a year ago

liverpool


"Printing Money has always been a good Quantitative Easing Strategy and the BoE has already started to look at it.

It has been used the World over for since at least 1664.

Writing off debt is another strategy - Internally there isn't a problem with it - Externally is more problematic because you need International Fiscal Agreements that won't disadvantage one Country against another.

Quantitative easing and fractional reserve banking are at the root of the financial crisis. They benefit very few insiders and impoverish everyone else over time. It's what happens when unaccountable bankers have free reign to do as they please when they please.

But more importantly save countries from bankruptcy - who has the most at each stage in the process is the very definition of Capitalism.

No country would be in this situation if governments could create money and credit themselves. If they can issue a IOU bond, why not interest free credit for productive purposes and social programs?

Because Social programmes leads to Socialism. Socialism leads to equality for all, if you have equality for all nobody works for anyone else over and above their own needs. Profit becomes irrelevant and then people start arguing why bother. And thus life goes down to the lowest denominator 'The Selfish ME' the very thing that Socialism seeks to render obsolete, and oops there goes Socialism.

So equality is a bad thing?

if thats what you take from it ..: i read it as race to the bottom is a bad thing ... if all levels of effort award the same return why would anyone ever try

Thats why I left local authority employment a few year back.

It ran a bonus scheme the harder you worked the more you made.

A few years down the road they decided to put us all on the same bonus.

The grafters and the lazy fockers were then on the same money.

You can imagine what happened to the people who used to work hard for their money. "

If they were that bad in their job why were they not pulled?

 (closed, thread got too big)

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By *ostafunMan
over a year ago

near ipswich


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Why are we in so much trouble after 10 years of austerity?

A worldwide pandemic maybe ?

Have we paid out 2 trillion on the last 6 months?

No but that's why we are in trouble like most of the world or is it just Britain's and the Torys problem?

So it's not the world wide pandemic then?

The money will be recouped in increased tax

So where did the trillions of debt come from and why are we the worst hit in Europe?

We are far from the worst economy wise ??

https://www.google.com/amp/s/www.bbc.com/news/amp/business-53918568

Not great but still Keeping up below the overall borrowing of most European countries

Not great with Brexit still to come. it could be mate we will only have to pay our own debt not 1/2 of Europe's.

Instead..thatss not really true whatsoever is it?

Well it is , wrt we will not be continuing subsidising the Europeans but short term it is going to be tough times

We dont pay for half of europe

Fact.

Not half but beyond our fair share "

Exactly it was a term of phrase not meant to be taken literally but as a former net contributor we would have been paying for it big time.

 (closed, thread got too big)

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By *urekamanfor2Man
over a year ago

Shoreham


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Why are we in so much trouble after 10 years of austerity?

A worldwide pandemic maybe ?

Have we paid out 2 trillion on the last 6 months?

No but that's why we are in trouble like most of the world or is it just Britain's and the Torys problem?

So it's not the world wide pandemic then?

The money will be recouped in increased tax

So where did the trillions of debt come from and why are we the worst hit in Europe?

We are far from the worst economy wise ??

https://www.google.com/amp/s/www.bbc.com/news/amp/business-53918568

Not great but still Keeping up below the overall borrowing of most European countries

Not great with Brexit still to come. it could be mate we will only have to pay our own debt not 1/2 of Europe's.

Instead..thatss not really true whatsoever is it?

Well it is , wrt we will not be continuing subsidising the Europeans but short term it is going to be tough times

We dont pay for half of europe

Fact.

Not half but beyond our fair share

Well I'm sure we will have have unicorns shitting gold bricks in our front rooms now we are out."

Again no but it progress ....

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By (user no longer on site)
over a year ago


"Printing Money has always been a good Quantitative Easing Strategy and the BoE has already started to look at it.

It has been used the World over for since at least 1664.

Writing off debt is another strategy - Internally there isn't a problem with it - Externally is more problematic because you need International Fiscal Agreements that won't disadvantage one Country against another.

Quantitative easing and fractional reserve banking are at the root of the financial crisis. They benefit very few insiders and impoverish everyone else over time. It's what happens when unaccountable bankers have free reign to do as they please when they please.

But more importantly save countries from bankruptcy - who has the most at each stage in the process is the very definition of Capitalism.

No country would be in this situation if governments could create money and credit themselves. If they can issue a IOU bond, why not interest free credit for productive purposes and social programs?

Because Social programmes leads to Socialism. Socialism leads to equality for all, if you have equality for all nobody works for anyone else over and above their own needs. Profit becomes irrelevant and then people start arguing why bother. And thus life goes down to the lowest denominator 'The Selfish ME' the very thing that Socialism seeks to render obsolete, and oops there goes Socialism.

So equality is a bad thing?

if thats what you take from it ..: i read it as race to the bottom is a bad thing ... if all levels of effort award the same return why would anyone ever try

Thats why I left local authority employment a few year back.

It ran a bonus scheme the harder you worked the more you made.

A few years down the road they decided to put us all on the same bonus.

The grafters and the lazy fockers were then on the same money.

You can imagine what happened to the people who used to work hard for their money.

If they were that bad in their job why were they not pulled?"

 (closed, thread got too big)

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By *ionelhutzMan
over a year ago

liverpool


"Printing Money has always been a good Quantitative Easing Strategy and the BoE has already started to look at it.

It has been used the World over for since at least 1664.

Writing off debt is another strategy - Internally there isn't a problem with it - Externally is more problematic because you need International Fiscal Agreements that won't disadvantage one Country against another.

Quantitative easing and fractional reserve banking are at the root of the financial crisis. They benefit very few insiders and impoverish everyone else over time. It's what happens when unaccountable bankers have free reign to do as they please when they please.

But more importantly save countries from bankruptcy - who has the most at each stage in the process is the very definition of Capitalism.

No country would be in this situation if governments could create money and credit themselves. If they can issue a IOU bond, why not interest free credit for productive purposes and social programs?

Because Social programmes leads to Socialism. Socialism leads to equality for all, if you have equality for all nobody works for anyone else over and above their own needs. Profit becomes irrelevant and then people start arguing why bother. And thus life goes down to the lowest denominator 'The Selfish ME' the very thing that Socialism seeks to render obsolete, and oops there goes Socialism.

So equality is a bad thing?

if thats what you take from it ..: i read it as race to the bottom is a bad thing ... if all levels of effort award the same return why would anyone ever try

Thats why I left local authority employment a few year back.

It ran a bonus scheme the harder you worked the more you made.

A few years down the road they decided to put us all on the same bonus.

The grafters and the lazy fockers were then on the same money.

You can imagine what happened to the people who used to work hard for their money.

i work in the private sector and we also removed performance related bonuses a few years ago and as such my bonus halved and due to salary banding i now get less than members of my team i spend half my week carrying.., it will definitely be a factor in deciding my next role "

And If you are best mates with your manager you will be fine and if your manager has it in for you..you are not.

 (closed, thread got too big)

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By *ionelhutzMan
over a year ago

liverpool


"Printing Money has always been a good Quantitative Easing Strategy and the BoE has already started to look at it.

It has been used the World over for since at least 1664.

Writing off debt is another strategy - Internally there isn't a problem with it - Externally is more problematic because you need International Fiscal Agreements that won't disadvantage one Country against another.

Quantitative easing and fractional reserve banking are at the root of the financial crisis. They benefit very few insiders and impoverish everyone else over time. It's what happens when unaccountable bankers have free reign to do as they please when they please.

But more importantly save countries from bankruptcy - who has the most at each stage in the process is the very definition of Capitalism.

No country would be in this situation if governments could create money and credit themselves. If they can issue a IOU bond, why not interest free credit for productive purposes and social programs?

Because Social programmes leads to Socialism. Socialism leads to equality for all, if you have equality for all nobody works for anyone else over and above their own needs. Profit becomes irrelevant and then people start arguing why bother. And thus life goes down to the lowest denominator 'The Selfish ME' the very thing that Socialism seeks to render obsolete, and oops there goes Socialism.

So equality is a bad thing?

if thats what you take from it ..: i read it as race to the bottom is a bad thing ... if all levels of effort award the same return why would anyone ever try

Thats why I left local authority employment a few year back.

It ran a bonus scheme the harder you worked the more you made.

A few years down the road they decided to put us all on the same bonus.

The grafters and the lazy fockers were then on the same money.

You can imagine what happened to the people who used to work hard for their money.

If they were that bad in their job why were they not pulled?

"

You said they did nothing

Surely their performance was monitored?

 (closed, thread got too big)

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By (user no longer on site)
over a year ago

“ If they were that bad in their job why were they not pulled?”

i am not sure what sector/ type of business you work for but in any decent sized company it is almost impossible to manage someone out the door , performance plans are about as good as it gets and then the team get to the point where you accept that if you can at least get 60% capacity out of them and they get on with it without bugging you it at least frees you up to pick up their other 40% ... then they will be top of the list next time there is a reshuffle with redundancies and be rewarded with a package to leave but at least you are rid of the dead weight ... its pretty much standard practice

 (closed, thread got too big)

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By *ionelhutzMan
over a year ago

liverpool


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Why are we in so much trouble after 10 years of austerity?

A worldwide pandemic maybe ?

Have we paid out 2 trillion on the last 6 months?

No but that's why we are in trouble like most of the world or is it just Britain's and the Torys problem?

So it's not the world wide pandemic then?

The money will be recouped in increased tax

So where did the trillions of debt come from and why are we the worst hit in Europe?

We are far from the worst economy wise ??

https://www.google.com/amp/s/www.bbc.com/news/amp/business-53918568

Not great but still Keeping up below the overall borrowing of most European countries

Not great with Brexit still to come. it could be mate we will only have to pay our own debt not 1/2 of Europe's.

Instead..thatss not really true whatsoever is it?

Well it is , wrt we will not be continuing subsidising the Europeans but short term it is going to be tough times

We dont pay for half of europe

Fact.

Not half but beyond our fair share Exactly it was a term of phrase not meant to be taken literally but as a former net contributor we would have been paying for it big time."

You really shouldn't believe everything you read in the mail

 (closed, thread got too big)

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By *ionelhutzMan
over a year ago

liverpool


"“ If they were that bad in their job why were they not pulled?”

i am not sure what sector/ type of business you work for but in any decent sized company it is almost impossible to manage someone out the door , performance plans are about as good as it gets and then the team get to the point where you accept that if you can at least get 60% capacity out of them and they get on with it without bugging you it at least frees you up to pick up their other 40% ... then they will be top of the list next time there is a reshuffle with redundancies and be rewarded with a package to leave but at least you are rid of the dead weight ... its pretty much standard practice "

Public sector.

I've known at least 6 people been booted in the last few years.

It used to be very hard now it's a 3 stage progress on either performance or sickness.

 (closed, thread got too big)

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By (user no longer on site)
over a year ago


"Printing Money has always been a good Quantitative Easing Strategy and the BoE has already started to look at it.

It has been used the World over for since at least 1664.

Writing off debt is another strategy - Internally there isn't a problem with it - Externally is more problematic because you need International Fiscal Agreements that won't disadvantage one Country against another.

Quantitative easing and fractional reserve banking are at the root of the financial crisis. They benefit very few insiders and impoverish everyone else over time. It's what happens when unaccountable bankers have free reign to do as they please when they please.

But more importantly save countries from bankruptcy - who has the most at each stage in the process is the very definition of Capitalism.

No country would be in this situation if governments could create money and credit themselves. If they can issue a IOU bond, why not interest free credit for productive purposes and social programs?

Because Social programmes leads to Socialism. Socialism leads to equality for all, if you have equality for all nobody works for anyone else over and above their own needs. Profit becomes irrelevant and then people start arguing why bother. And thus life goes down to the lowest denominator 'The Selfish ME' the very thing that Socialism seeks to render obsolete, and oops there goes Socialism.

So equality is a bad thing?

if thats what you take from it ..: i read it as race to the bottom is a bad thing ... if all levels of effort award the same return why would anyone ever try

Thats why I left local authority employment a few year back.

It ran a bonus scheme the harder you worked the more you made.

A few years down the road they decided to put us all on the same bonus.

The grafters and the lazy fockers were then on the same money.

You can imagine what happened to the people who used to work hard for their money.

i work in the private sector and we also removed performance related bonuses a few years ago and as such my bonus halved and due to salary banding i now get less than members of my team i spend half my week carrying.., it will definitely be a factor in deciding my next role

And If you are best mates with your manager you will be fine and if your manager has it in for you..you are not."

my manager has no autonomy in over my bonus at all ... my department is marked on or off track so we all get same percentage of salary or none of us do ... so i am not sure i understand your point

if you mean the performance element before then it wasn't decided by my manager either ... the grade above peer reviewed the next level down as a group to create a bell curve that had to be backed up with evidence and a range of feedback

 (closed, thread got too big)

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By *ionelhutzMan
over a year ago

liverpool


"Printing Money has always been a good Quantitative Easing Strategy and the BoE has already started to look at it.

It has been used the World over for since at least 1664.

Writing off debt is another strategy - Internally there isn't a problem with it - Externally is more problematic because you need International Fiscal Agreements that won't disadvantage one Country against another.

Quantitative easing and fractional reserve banking are at the root of the financial crisis. They benefit very few insiders and impoverish everyone else over time. It's what happens when unaccountable bankers have free reign to do as they please when they please.

But more importantly save countries from bankruptcy - who has the most at each stage in the process is the very definition of Capitalism.

No country would be in this situation if governments could create money and credit themselves. If they can issue a IOU bond, why not interest free credit for productive purposes and social programs?

Because Social programmes leads to Socialism. Socialism leads to equality for all, if you have equality for all nobody works for anyone else over and above their own needs. Profit becomes irrelevant and then people start arguing why bother. And thus life goes down to the lowest denominator 'The Selfish ME' the very thing that Socialism seeks to render obsolete, and oops there goes Socialism.

So equality is a bad thing?

if thats what you take from it ..: i read it as race to the bottom is a bad thing ... if all levels of effort award the same return why would anyone ever try

Thats why I left local authority employment a few year back.

It ran a bonus scheme the harder you worked the more you made.

A few years down the road they decided to put us all on the same bonus.

The grafters and the lazy fockers were then on the same money.

You can imagine what happened to the people who used to work hard for their money.

i work in the private sector and we also removed performance related bonuses a few years ago and as such my bonus halved and due to salary banding i now get less than members of my team i spend half my week carrying.., it will definitely be a factor in deciding my next role

And If you are best mates with your manager you will be fine and if your manager has it in for you..you are not.

my manager has no autonomy in over my bonus at all ... my department is marked on or off track so we all get same percentage of salary or none of us do ... so i am not sure i understand your point

if you mean the performance element before then it wasn't decided by my manager either ... the grade above peer reviewed the next level down as a group to create a bell curve that had to be backed up with evidence and a range of feedback"

We are monitored by our manager.

I've been in a situation before when you they clearly have favourite and considering they do your pdr/appraisal they have a huge impact.

 (closed, thread got too big)

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By (user no longer on site)
over a year ago


"“ If they were that bad in their job why were they not pulled?”

i am not sure what sector/ type of business you work for but in any decent sized company it is almost impossible to manage someone out the door , performance plans are about as good as it gets and then the team get to the point where you accept that if you can at least get 60% capacity out of them and they get on with it without bugging you it at least frees you up to pick up their other 40% ... then they will be top of the list next time there is a reshuffle with redundancies and be rewarded with a package to leave but at least you are rid of the dead weight ... its pretty much standard practice

Public sector.

I've known at least 6 people been booted in the last few years.

It used to be very hard now it's a 3 stage progress on either performance or sickness. "

You must of missed the few years comment.

I still keep in touch with old workmates.

They tell me alot of the lazy fockers are now in management within the organisation.

Who ever said hard work goes a long way ?

 (closed, thread got too big)

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By *ostafunMan
over a year ago

near ipswich


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Why are we in so much trouble after 10 years of austerity?

A worldwide pandemic maybe ?

Have we paid out 2 trillion on the last 6 months?

No but that's why we are in trouble like most of the world or is it just Britain's and the Torys problem?

So it's not the world wide pandemic then?

The money will be recouped in increased tax

So where did the trillions of debt come from and why are we the worst hit in Europe?

We are far from the worst economy wise ??

https://www.google.com/amp/s/www.bbc.com/news/amp/business-53918568

Not great but still Keeping up below the overall borrowing of most European countries

Not great with Brexit still to come. it could be mate we will only have to pay our own debt not 1/2 of Europe's.

Instead..thatss not really true whatsoever is it?

Well it is , wrt we will not be continuing subsidising the Europeans but short term it is going to be tough times

We dont pay for half of europe

Fact.

Not half but beyond our fair share Exactly it was a term of phrase not meant to be taken literally but as a former net contributor we would have been paying for it big time.

You really shouldn't believe everything you read in the mail

"

I dont read the daily mail why do you think Denmark, Austria, Sweden and Holland kicked off and at least got the grants watered down? You can believe what you want mate but cant argue with facts.The fact is if we were still in we would be paying.

 (closed, thread got too big)

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By (user no longer on site)
over a year ago


"“ If they were that bad in their job why were they not pulled?”

i am not sure what sector/ type of business you work for but in any decent sized company it is almost impossible to manage someone out the door , performance plans are about as good as it gets and then the team get to the point where you accept that if you can at least get 60% capacity out of them and they get on with it without bugging you it at least frees you up to pick up their other 40% ... then they will be top of the list next time there is a reshuffle with redundancies and be rewarded with a package to leave but at least you are rid of the dead weight ... its pretty much standard practice

Public sector.

I've known at least 6 people been booted in the last few years.

It used to be very hard now it's a 3 stage progress on either performance or sickness.

You must of missed the few years comment.

I still keep in touch with old workmates.

They tell me alot of the lazy fockers are now in management within the organisation.

Who ever said hard work goes a long way ?"

never heard people say if a manager is rubbish push him up a level ... that way he impacts less people/ output

 (closed, thread got too big)

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By *ionelhutzMan
over a year ago

liverpool


"“ If they were that bad in their job why were they not pulled?”

i am not sure what sector/ type of business you work for but in any decent sized company it is almost impossible to manage someone out the door , performance plans are about as good as it gets and then the team get to the point where you accept that if you can at least get 60% capacity out of them and they get on with it without bugging you it at least frees you up to pick up their other 40% ... then they will be top of the list next time there is a reshuffle with redundancies and be rewarded with a package to leave but at least you are rid of the dead weight ... its pretty much standard practice

Public sector.

I've known at least 6 people been booted in the last few years.

It used to be very hard now it's a 3 stage progress on either performance or sickness.

You must of missed the few years comment.

I still keep in touch with old workmates.

They tell me alot of the lazy fockers are now in management within the organisation.

Who ever said hard work goes a long way ?"

The higher up you go the less work you do.

I wont mention that goes upto the top.

 (closed, thread got too big)

Reply privately
 

By *ionelhutzMan
over a year ago

liverpool


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Why are we in so much trouble after 10 years of austerity?

A worldwide pandemic maybe ?

Have we paid out 2 trillion on the last 6 months?

No but that's why we are in trouble like most of the world or is it just Britain's and the Torys problem?

So it's not the world wide pandemic then?

The money will be recouped in increased tax

So where did the trillions of debt come from and why are we the worst hit in Europe?

We are far from the worst economy wise ??

https://www.google.com/amp/s/www.bbc.com/news/amp/business-53918568

Not great but still Keeping up below the overall borrowing of most European countries

Not great with Brexit still to come. it could be mate we will only have to pay our own debt not 1/2 of Europe's.

Instead..thatss not really true whatsoever is it?

Well it is , wrt we will not be continuing subsidising the Europeans but short term it is going to be tough times

We dont pay for half of europe

Fact.

Not half but beyond our fair share Exactly it was a term of phrase not meant to be taken literally but as a former net contributor we would have been paying for it big time.

You really shouldn't believe everything you read in the mail

I dont read the daily mail why do you think Denmark, Austria, Sweden and Holland kicked off and at least got the grants watered down? You can believe what you want mate but cant argue with facts.The fact is if we were still in we would be paying. "

Well I'm sure in 12 months the economy will be absolutely booming without us being held back so we can all celebrate!

 (closed, thread got too big)

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By (user no longer on site)
over a year ago


"“ If they were that bad in their job why were they not pulled?”

i am not sure what sector/ type of business you work for but in any decent sized company it is almost impossible to manage someone out the door , performance plans are about as good as it gets and then the team get to the point where you accept that if you can at least get 60% capacity out of them and they get on with it without bugging you it at least frees you up to pick up their other 40% ... then they will be top of the list next time there is a reshuffle with redundancies and be rewarded with a package to leave but at least you are rid of the dead weight ... its pretty much standard practice

Public sector.

I've known at least 6 people been booted in the last few years.

It used to be very hard now it's a 3 stage progress on either performance or sickness.

You must of missed the few years comment.

I still keep in touch with old workmates.

They tell me alot of the lazy fockers are now in management within the organisation.

Who ever said hard work goes a long way ?

The higher up you go the less work you do.

I wont mention that goes upto the top."

They didn't work work at the bottom.

They just knew who's bottom to lick

 (closed, thread got too big)

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By *ionelhutzMan
over a year ago

liverpool


"“ If they were that bad in their job why were they not pulled?”

i am not sure what sector/ type of business you work for but in any decent sized company it is almost impossible to manage someone out the door , performance plans are about as good as it gets and then the team get to the point where you accept that if you can at least get 60% capacity out of them and they get on with it without bugging you it at least frees you up to pick up their other 40% ... then they will be top of the list next time there is a reshuffle with redundancies and be rewarded with a package to leave but at least you are rid of the dead weight ... its pretty much standard practice

Public sector.

I've known at least 6 people been booted in the last few years.

It used to be very hard now it's a 3 stage progress on either performance or sickness.

You must of missed the few years comment.

I still keep in touch with old workmates.

They tell me alot of the lazy fockers are now in management within the organisation.

Who ever said hard work goes a long way ?

The higher up you go the less work you do.

I wont mention that goes upto the top.

They didn't work work at the bottom.

They just knew who's bottom to lick "

So proves my point over bonuses?

 (closed, thread got too big)

Reply privately
 

By (user no longer on site)
over a year ago


"“ If they were that bad in their job why were they not pulled?”

i am not sure what sector/ type of business you work for but in any decent sized company it is almost impossible to manage someone out the door , performance plans are about as good as it gets and then the team get to the point where you accept that if you can at least get 60% capacity out of them and they get on with it without bugging you it at least frees you up to pick up their other 40% ... then they will be top of the list next time there is a reshuffle with redundancies and be rewarded with a package to leave but at least you are rid of the dead weight ... its pretty much standard practice

Public sector.

I've known at least 6 people been booted in the last few years.

It used to be very hard now it's a 3 stage progress on either performance or sickness.

You must of missed the few years comment.

I still keep in touch with old workmates.

They tell me alot of the lazy fockers are now in management within the organisation.

Who ever said hard work goes a long way ?

The higher up you go the less work you do.

I wont mention that goes upto the top.

They didn't work work at the bottom.

They just knew who's bottom to lick

So proves my point over bonuses?"

How exactly?

I all knew I worked hard and made good money then over night my money was the same as some lazy fucker.

 (closed, thread got too big)

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By *ionelhutzMan
over a year ago

liverpool


"“ If they were that bad in their job why were they not pulled?”

i am not sure what sector/ type of business you work for but in any decent sized company it is almost impossible to manage someone out the door , performance plans are about as good as it gets and then the team get to the point where you accept that if you can at least get 60% capacity out of them and they get on with it without bugging you it at least frees you up to pick up their other 40% ... then they will be top of the list next time there is a reshuffle with redundancies and be rewarded with a package to leave but at least you are rid of the dead weight ... its pretty much standard practice

Public sector.

I've known at least 6 people been booted in the last few years.

It used to be very hard now it's a 3 stage progress on either performance or sickness.

You must of missed the few years comment.

I still keep in touch with old workmates.

They tell me alot of the lazy fockers are now in management within the organisation.

Who ever said hard work goes a long way ?

The higher up you go the less work you do.

I wont mention that goes upto the top.

They didn't work work at the bottom.

They just knew who's bottom to lick

So proves my point over bonuses?

How exactly?

I all knew I worked hard and made good money then over night my money was the same as some lazy fucker. "

You just said yourself..if they were an ass kisser they got on

So it's nothing to do with performance

 (closed, thread got too big)

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By (user no longer on site)
over a year ago


"“ If they were that bad in their job why were they not pulled?”

i am not sure what sector/ type of business you work for but in any decent sized company it is almost impossible to manage someone out the door , performance plans are about as good as it gets and then the team get to the point where you accept that if you can at least get 60% capacity out of them and they get on with it without bugging you it at least frees you up to pick up their other 40% ... then they will be top of the list next time there is a reshuffle with redundancies and be rewarded with a package to leave but at least you are rid of the dead weight ... its pretty much standard practice

Public sector.

I've known at least 6 people been booted in the last few years.

It used to be very hard now it's a 3 stage progress on either performance or sickness.

You must of missed the few years comment.

I still keep in touch with old workmates.

They tell me alot of the lazy fockers are now in management within the organisation.

Who ever said hard work goes a long way ?

The higher up you go the less work you do.

I wont mention that goes upto the top.

They didn't work work at the bottom.

They just knew who's bottom to lick

So proves my point over bonuses?"

Actually before I left they were bringing in the performance monitoring.

But that would have still wouldn't of brought their work rate up.

 (closed, thread got too big)

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By *ostafunMan
over a year ago

near ipswich


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Why are we in so much trouble after 10 years of austerity?

A worldwide pandemic maybe ?

Have we paid out 2 trillion on the last 6 months?

No but that's why we are in trouble like most of the world or is it just Britain's and the Torys problem?

So it's not the world wide pandemic then?

The money will be recouped in increased tax

So where did the trillions of debt come from and why are we the worst hit in Europe?

We are far from the worst economy wise ??

https://www.google.com/amp/s/www.bbc.com/news/amp/business-53918568

Not great but still Keeping up below the overall borrowing of most European countries

Not great with Brexit still to come. it could be mate we will only have to pay our own debt not 1/2 of Europe's.

Instead..thatss not really true whatsoever is it?

Well it is , wrt we will not be continuing subsidising the Europeans but short term it is going to be tough times

We dont pay for half of europe

Fact.

Not half but beyond our fair share Exactly it was a term of phrase not meant to be taken literally but as a former net contributor we would have been paying for it big time.

You really shouldn't believe everything you read in the mail

I dont read the daily mail why do you think Denmark, Austria, Sweden and Holland kicked off and at least got the grants watered down? You can believe what you want mate but cant argue with facts.The fact is if we were still in we would be paying.

Well I'm sure in 12 months the economy will be absolutely booming without us being held back so we can all celebrate!"

I hope you are right mate the signs are looking good to join the trans-pacific free trade agreement soon.

 (closed, thread got too big)

Reply privately
 

By (user no longer on site)
over a year ago


"“ If they were that bad in their job why were they not pulled?”

i am not sure what sector/ type of business you work for but in any decent sized company it is almost impossible to manage someone out the door , performance plans are about as good as it gets and then the team get to the point where you accept that if you can at least get 60% capacity out of them and they get on with it without bugging you it at least frees you up to pick up their other 40% ... then they will be top of the list next time there is a reshuffle with redundancies and be rewarded with a package to leave but at least you are rid of the dead weight ... its pretty much standard practice

Public sector.

I've known at least 6 people been booted in the last few years.

It used to be very hard now it's a 3 stage progress on either performance or sickness.

You must of missed the few years comment.

I still keep in touch with old workmates.

They tell me alot of the lazy fockers are now in management within the organisation.

Who ever said hard work goes a long way ?

The higher up you go the less work you do.

I wont mention that goes upto the top.

They didn't work work at the bottom.

They just knew who's bottom to lick "

whos bottom on here do i have to lick to get ahead? ny price is a bottle of wine and a weekend takeaway but you gotta have shaved it first please

 (closed, thread got too big)

Reply privately
 

By (user no longer on site)
over a year ago


"“ If they were that bad in their job why were they not pulled?”

i am not sure what sector/ type of business you work for but in any decent sized company it is almost impossible to manage someone out the door , performance plans are about as good as it gets and then the team get to the point where you accept that if you can at least get 60% capacity out of them and they get on with it without bugging you it at least frees you up to pick up their other 40% ... then they will be top of the list next time there is a reshuffle with redundancies and be rewarded with a package to leave but at least you are rid of the dead weight ... its pretty much standard practice

Public sector.

I've known at least 6 people been booted in the last few years.

It used to be very hard now it's a 3 stage progress on either performance or sickness.

You must of missed the few years comment.

I still keep in touch with old workmates.

They tell me alot of the lazy fockers are now in management within the organisation.

Who ever said hard work goes a long way ?

The higher up you go the less work you do.

I wont mention that goes upto the top.

They didn't work work at the bottom.

They just knew who's bottom to lick

whos bottom on here do i have to lick to get ahead? ny price is a bottle of wine and a weekend takeaway but you gotta have shaved it first please "

 (closed, thread got too big)

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By *arry247Couple
over a year ago

Wakefield


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ? "

There is a reason for that they have been making furlough payment and buying extra PPI etc., etc.

Where do you think that comes from fresh air?

 (closed, thread got too big)

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By (user no longer on site)
over a year ago

We've got six months to turn the ship around, restart I completely failed economy and start growth, if we don't come April we'll be selling everything or face a default on borrowings, either scenario is beyond unimaginable despair for 50% of the population. So cross everything you've got and pray the boffins come good on this vaccine because if they don't we'll need a vaccine for a civil war

 (closed, thread got too big)

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By (user no longer on site)
over a year ago


"“ If they were that bad in their job why were they not pulled?”

i am not sure what sector/ type of business you work for but in any decent sized company it is almost impossible to manage someone out the door , performance plans are about as good as it gets and then the team get to the point where you accept that if you can at least get 60% capacity out of them and they get on with it without bugging you it at least frees you up to pick up their other 40% ... then they will be top of the list next time there is a reshuffle with redundancies and be rewarded with a package to leave but at least you are rid of the dead weight ... its pretty much standard practice

Public sector.

I've known at least 6 people been booted in the last few years.

It used to be very hard now it's a 3 stage progress on either performance or sickness.

You must of missed the few years comment.

I still keep in touch with old workmates.

They tell me alot of the lazy fockers are now in management within the organisation.

Who ever said hard work goes a long way ?

The higher up you go the less work you do.

I wont mention that goes upto the top."

.

If you'd ever got past working your production line job in the last what 50 years of living to make it to the next level you'd find that to be complete bollocks, all you've got is the politics of envy because you personally haven't actually tried getting to the next level and you never will because it's too much like hard work, much easier to sit around all day on here and bitch about how the person above you does less, lol less than YOU, your on here all day everyday, you clearly don't do much as it is, they must literally do fuck all to be beating you at doing nothing

 (closed, thread got too big)

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By *ionelhutzMan
over a year ago

liverpool


"“ If they were that bad in their job why were they not pulled?”

i am not sure what sector/ type of business you work for but in any decent sized company it is almost impossible to manage someone out the door , performance plans are about as good as it gets and then the team get to the point where you accept that if you can at least get 60% capacity out of them and they get on with it without bugging you it at least frees you up to pick up their other 40% ... then they will be top of the list next time there is a reshuffle with redundancies and be rewarded with a package to leave but at least you are rid of the dead weight ... its pretty much standard practice

Public sector.

I've known at least 6 people been booted in the last few years.

It used to be very hard now it's a 3 stage progress on either performance or sickness.

You must of missed the few years comment.

I still keep in touch with old workmates.

They tell me alot of the lazy fockers are now in management within the organisation.

Who ever said hard work goes a long way ?

The higher up you go the less work you do.

I wont mention that goes upto the top..

If you'd ever got past working your production line job in the last what 50 years of living to make it to the next level you'd find that to be complete bollocks, all you've got is the politics of envy because you personally haven't actually tried getting to the next level and you never will because it's too much like hard work, much easier to sit around all day on here and bitch about how the person above you does less, lol less than YOU, your on here all day everyday, you clearly don't do much as it is, they must literally do fuck all to be beating you at doing nothing "

Your words just tear me up inside.

 (closed, thread got too big)

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By *ionelhutzMan
over a year ago

liverpool


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

There is a reason for that they have been making furlough payment and buying extra PPI etc., etc.

Where do you think that comes from fresh air?"

They have not spent 2 trillion pounds on furlough.

 (closed, thread got too big)

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By *ob198XaMan
over a year ago

teleford


"We are done, it's over.

With C19 the number 5 cause of health related deaths after cancer, heart disease, flu etc our government is intent on ruining countless businesses, increasing mental health problems, increasing suicides already at a 200% increase over the year, breaking up homes and soon to crash the economy.

Without a functioning economy we are toast. No NHS, No Emergency services and after the end of furlow watch the government print even more money at a faster rate as the economy nose dives.

Unless these twats running the country change direction we are truly done."

With us all heading down a long straight tunnel which direction do you suggest the turn?

 (closed, thread got too big)

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By *ardiffCoupleNJCouple
over a year ago

Pontypridd/Rhyfelin


"As a country have we ever had so much debt our entire GDP of one year ?

does it matter?

as a planet have we ever had so much debt in one year?

we’ve also never had a global pandemic in a 21st century world ... current (pre covid) economies cant be compared to when the spanish flue was about , neither can the expectations we have now of economy vs life as back then the medical knowledge we have now for it to be a consideration didn’t even exist

with things like the furlough scheme, the government have taken national debt in place of business and personal debt ... would you rather we just ask for all the furlough payments back, get the debt down and let individuals deal with the fall out? "

Was it right to pay so much in furlough?

Why not pay minimum wage as so many others have to get by on?

Or bugger all for those on zero hours contracts.

Certainly it would encouraged many to get back to full working sooner.

I suspect the furlough scheme has been a waste of time for many, for whom the inevitable is likely to happen as furlough ends.

 (closed, thread got too big)

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By *ionelhutzMan
over a year ago

liverpool


"As a country have we ever had so much debt our entire GDP of one year ?

does it matter?

as a planet have we ever had so much debt in one year?

we’ve also never had a global pandemic in a 21st century world ... current (pre covid) economies cant be compared to when the spanish flue was about , neither can the expectations we have now of economy vs life as back then the medical knowledge we have now for it to be a consideration didn’t even exist

with things like the furlough scheme, the government have taken national debt in place of business and personal debt ... would you rather we just ask for all the furlough payments back, get the debt down and let individuals deal with the fall out?

Was it right to pay so much in furlough?

Why not pay minimum wage as so many others have to get by on?

Or bugger all for those on zero hours contracts.

Certainly it would encouraged many to get back to full working sooner.

I suspect the furlough scheme has been a waste of time for many, for whom the inevitable is likely to happen as furlough ends.

"

People on zero hour contracts didn't get furloughed I think?

 (closed, thread got too big)

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By *ionelhutzMan
over a year ago

liverpool


"As a country have we ever had so much debt our entire GDP of one year ?

does it matter?

as a planet have we ever had so much debt in one year?

we’ve also never had a global pandemic in a 21st century world ... current (pre covid) economies cant be compared to when the spanish flue was about , neither can the expectations we have now of economy vs life as back then the medical knowledge we have now for it to be a consideration didn’t even exist

with things like the furlough scheme, the government have taken national debt in place of business and personal debt ... would you rather we just ask for all the furlough payments back, get the debt down and let individuals deal with the fall out?

Was it right to pay so much in furlough?

Why not pay minimum wage as so many others have to get by on?

Or bugger all for those on zero hours contracts.

Certainly it would encouraged many to get back to full working sooner.

I suspect the furlough scheme has been a waste of time for many, for whom the inevitable is likely to happen as furlough ends.

"

And they were told they couldn't work.It wasnt through choice

 (closed, thread got too big)

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By (user no longer on site)
over a year ago


"“ If they were that bad in their job why were they not pulled?”

i am not sure what sector/ type of business you work for but in any decent sized company it is almost impossible to manage someone out the door , performance plans are about as good as it gets and then the team get to the point where you accept that if you can at least get 60% capacity out of them and they get on with it without bugging you it at least frees you up to pick up their other 40% ... then they will be top of the list next time there is a reshuffle with redundancies and be rewarded with a package to leave but at least you are rid of the dead weight ... its pretty much standard practice

Public sector.

I've known at least 6 people been booted in the last few years.

It used to be very hard now it's a 3 stage progress on either performance or sickness.

You must of missed the few years comment.

I still keep in touch with old workmates.

They tell me alot of the lazy fockers are now in management within the organisation.

Who ever said hard work goes a long way ?

The higher up you go the less work you do.

I wont mention that goes upto the top..

If you'd ever got past working your production line job in the last what 50 years of living to make it to the next level you'd find that to be complete bollocks, all you've got is the politics of envy because you personally haven't actually tried getting to the next level and you never will because it's too much like hard work, much easier to sit around all day on here and bitch about how the person above you does less, lol less than YOU, your on here all day everyday, you clearly don't do much as it is, they must literally do fuck all to be beating you at doing nothing

Your words just tear me up inside."

.

I wasn't wrong though was I, your still on here 4hrs later complaining about others who do nothing

 (closed, thread got too big)

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By *ionelhutzMan
over a year ago

liverpool


"“ If they were that bad in their job why were they not pulled?”

i am not sure what sector/ type of business you work for but in any decent sized company it is almost impossible to manage someone out the door , performance plans are about as good as it gets and then the team get to the point where you accept that if you can at least get 60% capacity out of them and they get on with it without bugging you it at least frees you up to pick up their other 40% ... then they will be top of the list next time there is a reshuffle with redundancies and be rewarded with a package to leave but at least you are rid of the dead weight ... its pretty much standard practice

Public sector.

I've known at least 6 people been booted in the last few years.

It used to be very hard now it's a 3 stage progress on either performance or sickness.

You must of missed the few years comment.

I still keep in touch with old workmates.

They tell me alot of the lazy fockers are now in management within the organisation.

Who ever said hard work goes a long way ?

The higher up you go the less work you do.

I wont mention that goes upto the top..

If you'd ever got past working your production line job in the last what 50 years of living to make it to the next level you'd find that to be complete bollocks, all you've got is the politics of envy because you personally haven't actually tried getting to the next level and you never will because it's too much like hard work, much easier to sit around all day on here and bitch about how the person above you does less, lol less than YOU, your on here all day everyday, you clearly don't do much as it is, they must literally do fuck all to be beating you at doing nothing

Your words just tear me up inside..

I wasn't wrong though was I, your still on here 4hrs later complaining about others who do nothing "

I suggest you actually read my post.

Little tip for you.

 (closed, thread got too big)

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By (user no longer on site)
over a year ago


"“ If they were that bad in their job why were they not pulled?”

i am not sure what sector/ type of business you work for but in any decent sized company it is almost impossible to manage someone out the door , performance plans are about as good as it gets and then the team get to the point where you accept that if you can at least get 60% capacity out of them and they get on with it without bugging you it at least frees you up to pick up their other 40% ... then they will be top of the list next time there is a reshuffle with redundancies and be rewarded with a package to leave but at least you are rid of the dead weight ... its pretty much standard practice

Public sector.

I've known at least 6 people been booted in the last few years.

It used to be very hard now it's a 3 stage progress on either performance or sickness.

You must of missed the few years comment.

I still keep in touch with old workmates.

They tell me alot of the lazy fockers are now in management within the organisation.

Who ever said hard work goes a long way ?

The higher up you go the less work you do.

I wont mention that goes upto the top..

If you'd ever got past working your production line job in the last what 50 years of living to make it to the next level you'd find that to be complete bollocks, all you've got is the politics of envy because you personally haven't actually tried getting to the next level and you never will because it's too much like hard work, much easier to sit around all day on here and bitch about how the person above you does less, lol less than YOU, your on here all day everyday, you clearly don't do much as it is, they must literally do fuck all to be beating you at doing nothing

Your words just tear me up inside..

I wasn't wrong though was I, your still on here 4hrs later complaining about others who do nothing "

On that logic you must have been on hear for 4 hours too...

 (closed, thread got too big)

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By (user no longer on site)
over a year ago


"“ If they were that bad in their job why were they not pulled?”

i am not sure what sector/ type of business you work for but in any decent sized company it is almost impossible to manage someone out the door , performance plans are about as good as it gets and then the team get to the point where you accept that if you can at least get 60% capacity out of them and they get on with it without bugging you it at least frees you up to pick up their other 40% ... then they will be top of the list next time there is a reshuffle with redundancies and be rewarded with a package to leave but at least you are rid of the dead weight ... its pretty much standard practice

Public sector.

I've known at least 6 people been booted in the last few years.

It used to be very hard now it's a 3 stage progress on either performance or sickness.

You must of missed the few years comment.

I still keep in touch with old workmates.

They tell me alot of the lazy fockers are now in management within the organisation.

Who ever said hard work goes a long way ?

The higher up you go the less work you do.

I wont mention that goes upto the top..

If you'd ever got past working your production line job in the last what 50 years of living to make it to the next level you'd find that to be complete bollocks, all you've got is the politics of envy because you personally haven't actually tried getting to the next level and you never will because it's too much like hard work, much easier to sit around all day on here and bitch about how the person above you does less, lol less than YOU, your on here all day everyday, you clearly don't do much as it is, they must literally do fuck all to be beating you at doing nothing

Your words just tear me up inside..

I wasn't wrong though was I, your still on here 4hrs later complaining about others who do nothing

On that logic you must have been on hear for 4 hours too..."

its also friday night

 (closed, thread got too big)

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By *ove2pleaseseukMan
over a year ago

Hastings


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ? "

Up the retirement age to 70 ASAP

Keep people in work and paying tax.

 (closed, thread got too big)

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By *ionelhutzMan
over a year ago

liverpool


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Up the retirement age to 70 ASAP

Keep people in work and paying tax."

Work till you drop.

 (closed, thread got too big)

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By *ove2pleaseseukMan
over a year ago

Hastings


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Why are we in so much trouble after 10 years of austerity?

A worldwide pandemic maybe ?

Have we paid out 2 trillion on the last 6 months?

No but that's why we are in trouble like most of the world or is it just Britain's and the Torys problem?

So it's not the world wide pandemic then?

The money will be recouped in increased tax

So where did the trillions of debt come from and why are we the worst hit in Europe?"

So if we don't in crease tax can the tax system be overhauled and Radical change to bring in extra tax

 (closed, thread got too big)

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By *ove2pleaseseukMan
over a year ago

Hastings


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Up the retirement age to 70 ASAP

Keep people in work and paying tax.

Yep but the pension age should not be fixed it should be years worked in my opinion

Work till you drop."

 (closed, thread got too big)

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By (user no longer on site)
over a year ago


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Up the retirement age to 70 ASAP

Keep people in work and paying tax."

What a great idea if your in a heavy manual job. REALLY ???????

 (closed, thread got too big)

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By *ionelhutzMan
over a year ago

liverpool


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Up the retirement age to 70 ASAP

Keep people in work and paying tax.

What a great idea if your in a heavy manual job. REALLY ???????"

And people are actually arguing for this.

 (closed, thread got too big)

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By *ionelhutzMan
over a year ago

liverpool


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Why are we in so much trouble after 10 years of austerity?

A worldwide pandemic maybe ?

Have we paid out 2 trillion on the last 6 months?

No but that's why we are in trouble like most of the world or is it just Britain's and the Torys problem?

So it's not the world wide pandemic then?

The money will be recouped in increased tax

So where did the trillions of debt come from and why are we the worst hit in Europe?

So if we don't in crease tax can the tax system be overhauled and Radical change to bring in extra tax "

Not a chance.

 (closed, thread got too big)

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By *ove2pleaseseukMan
over a year ago

Hastings

Don't want it but can see it happen have worked as an electrical engineer in the theatre most my working life fulltime for. 16 now 52 with early onset arthritis so know I don't want it

 (closed, thread got too big)

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By *ove2pleaseseukMan
over a year ago

Hastings


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Why are we in so much trouble after 10 years of austerity?

A worldwide pandemic maybe ?

Have we paid out 2 trillion on the last 6 months?

No but that's why we are in trouble like most of the world or is it just Britain's and the Torys problem?

So it's not the world wide pandemic then?

The money will be recouped in increased tax

So where did the trillions of debt come from and why are we the worst hit in Europe?

So if we don't in crease tax can the tax system be overhauled and Radical change to bring in extra tax

Not a chance."

So why not a chance

Tax the cash economy

What do you do.

 (closed, thread got too big)

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By *ionelhutzMan
over a year ago

liverpool


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Why are we in so much trouble after 10 years of austerity?

A worldwide pandemic maybe ?

Have we paid out 2 trillion on the last 6 months?

No but that's why we are in trouble like most of the world or is it just Britain's and the Torys problem?

So it's not the world wide pandemic then?

The money will be recouped in increased tax

So where did the trillions of debt come from and why are we the worst hit in Europe?

So if we don't in crease tax can the tax system be overhauled and Radical change to bring in extra tax

Not a chance.

So why not a chance

Tax the cash economy

What do you do."

Because if you even try to argue for a more fairer tax system you are branded some sort of dangerous radical.

 (closed, thread got too big)

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By *ove2pleaseseukMan
over a year ago

Hastings


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Why are we in so much trouble after 10 years of austerity?

A worldwide pandemic maybe ?

Have we paid out 2 trillion on the last 6 months?

No but that's why we are in trouble like most of the world or is it just Britain's and the Torys problem?

So it's not the world wide pandemic then?

The money will be recouped in increased tax

So where did the trillions of debt come from and why are we the worst hit in Europe?

So if we don't in crease tax can the tax system be overhauled and Radical change to bring in extra tax

Not a chance.

So why not a chance

Tax the cash economy

What do you do.

Because if you even try to argue for a more fairer tax system you are branded some sort of dangerous radical."

So because of getting branded you would not try? Just lay down and take what ever

 (closed, thread got too big)

Reply privately
 

By *ionelhutzMan
over a year ago

liverpool


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Why are we in so much trouble after 10 years of austerity?

A worldwide pandemic maybe ?

Have we paid out 2 trillion on the last 6 months?

No but that's why we are in trouble like most of the world or is it just Britain's and the Torys problem?

So it's not the world wide pandemic then?

The money will be recouped in increased tax

So where did the trillions of debt come from and why are we the worst hit in Europe?

So if we don't in crease tax can the tax system be overhauled and Radical change to bring in extra tax

Not a chance.

So why not a chance

Tax the cash economy

What do you do.

Because if you even try to argue for a more fairer tax system you are branded some sort of dangerous radical.

So because of getting branded you would not try? Just lay down and take what ever "

Its down to the gmnt to set the tax not us?

 (closed, thread got too big)

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By (user no longer on site)
over a year ago

I’m an agency worker on paye. I got nothing from the furlough scheme and I’ve got nothing from the latest scheme.

I’m sure I’ll be expected to pay extra tax for all those who did though when it comes to paying off the debt

 (closed, thread got too big)

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By *ove2pleaseseukMan
over a year ago

Hastings


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Why are we in so much trouble after 10 years of austerity?

A worldwide pandemic maybe ?

Have we paid out 2 trillion on the last 6 months?

No but that's why we are in trouble like most of the world or is it just Britain's and the Torys problem?

So it's not the world wide pandemic then?

The money will be recouped in increased tax

So where did the trillions of debt come from and why are we the worst hit in Europe?

So if we don't in crease tax can the tax system be overhauled and Radical change to bring in extra tax

Not a chance.

So why not a chance

Tax the cash economy

What do you do.

Because if you even try to argue for a more fairer tax system you are branded some sort of dangerous radical.

So because of getting branded you would not try? Just lay down and take what ever

Its down to the gmnt to set the tax not us?

"

But we vote for them.

So what do you do for a living

 (closed, thread got too big)

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By *ionelhutzMan
over a year ago

liverpool


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Why are we in so much trouble after 10 years of austerity?

A worldwide pandemic maybe ?

Have we paid out 2 trillion on the last 6 months?

No but that's why we are in trouble like most of the world or is it just Britain's and the Torys problem?

So it's not the world wide pandemic then?

The money will be recouped in increased tax

So where did the trillions of debt come from and why are we the worst hit in Europe?

So if we don't in crease tax can the tax system be overhauled and Radical change to bring in extra tax

Not a chance.

So why not a chance

Tax the cash economy

What do you do.

Because if you even try to argue for a more fairer tax system you are branded some sort of dangerous radical.

So because of getting branded you would not try? Just lay down and take what ever

Its down to the gmnt to set the tax not us?

But we vote for them.

So what do you do for a living "

Not me.

Public sector.

 (closed, thread got too big)

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By *ancs MinxWoman
over a year ago

Burnley


"I’m an agency worker on paye. I got nothing from the furlough scheme and I’ve got nothing from the latest scheme.

I’m sure I’ll be expected to pay extra tax for all those who did though when it comes to paying off the debt "

I worked through it all, so I never received anything from any scheme's, as did not need it, but guess I will have to pay extra tax,so on that note, are you saying only people who benefited from the scheme or the ones who had to claim benefits should have to pay extra tax?

 (closed, thread got too big)

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By *ove2pleaseseukMan
over a year ago

Hastings


"I’m an agency worker on paye. I got nothing from the furlough scheme and I’ve got nothing from the latest scheme.

I’m sure I’ll be expected to pay extra tax for all those who did though when it comes to paying off the debt "

Same as I run a small company and work fulltime well 39.5 hours a week pay PAYE work is ok but the theatre company is not doing enough to pay bills so will have to let it go

 (closed, thread got too big)

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By *ionelhutzMan
over a year ago

liverpool


"I’m an agency worker on paye. I got nothing from the furlough scheme and I’ve got nothing from the latest scheme.

I’m sure I’ll be expected to pay extra tax for all those who did though when it comes to paying off the debt

I worked through it all, so I never received anything from any scheme's, as did not need it, but guess I will have to pay extra tax,so on that note, are you saying only people who benefited from the scheme or the ones who had to claim benefits should have to pay extra tax?"

The burden will fall on most normal working people as it tends to do.

 (closed, thread got too big)

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By *ove2pleaseseukMan
over a year ago

Hastings


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Why are we in so much trouble after 10 years of austerity?

A worldwide pandemic maybe ?

Have we paid out 2 trillion on the last 6 months?

No but that's why we are in trouble like most of the world or is it just Britain's and the Torys problem?

So it's not the world wide pandemic then?

The money will be recouped in increased tax

So where did the trillions of debt come from and why are we the worst hit in Europe?

So if we don't in crease tax can the tax system be overhauled and Radical change to bring in extra tax

Not a chance.

So why not a chance

Tax the cash economy

What do you do.

Because if you even try to argue for a more fairer tax system you are branded some sort of dangerous radical.

So because of getting branded you would not try? Just lay down and take what ever

Its down to the gmnt to set the tax not us?

But we vote for them.

So what do you do for a living

Not me.

Public sector. "

Dose not give me a clue as to whot you do? ? Guess politician as can't give a strate answer

 (closed, thread got too big)

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By * and M lookingCouple
over a year ago

Worcester

Well Boris and Co will just walk away and into high paid consultancy and speakers jobs leaving the usual suspects to foot the bill.

Welcome to reality 2020

 (closed, thread got too big)

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By *ionelhutzMan
over a year ago

liverpool


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Why are we in so much trouble after 10 years of austerity?

A worldwide pandemic maybe ?

Have we paid out 2 trillion on the last 6 months?

No but that's why we are in trouble like most of the world or is it just Britain's and the Torys problem?

So it's not the world wide pandemic then?

The money will be recouped in increased tax

So where did the trillions of debt come from and why are we the worst hit in Europe?

So if we don't in crease tax can the tax system be overhauled and Radical change to bring in extra tax

Not a chance.

So why not a chance

Tax the cash economy

What do you do.

Because if you even try to argue for a more fairer tax system you are branded some sort of dangerous radical.

So because of getting branded you would not try? Just lay down and take what ever

Its down to the gmnt to set the tax not us?

But we vote for them.

So what do you do for a living

Not me.

Public sector.

Dose not give me a clue as to whot you do? ? Guess politician as can't give a strate answer "

Because I'm not to going to tell you exactly where I work on here.

Civil service.

We worked all the way through.

 (closed, thread got too big)

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By *ionelhutzMan
over a year ago

liverpool


"Well Boris and Co will just walk away and into high paid consultancy and speakers jobs leaving the usual suspects to foot the bill.

Welcome to reality 2020"

Its hardly new.Thats what they do

 (closed, thread got too big)

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By (user no longer on site)
over a year ago


"I’m an agency worker on paye. I got nothing from the furlough scheme and I’ve got nothing from the latest scheme.

I’m sure I’ll be expected to pay extra tax for all those who did though when it comes to paying off the debt

I worked through it all, so I never received anything from any scheme's, as did not need it, but guess I will have to pay extra tax,so on that note, are you saying only people who benefited from the scheme or the ones who had to claim benefits should have to pay extra tax?"

I haven’t had any paid work from February until this week so have gone through my savings to survive, so my sympathies to those who have worked throughout might be a bit thin sorry.

 (closed, thread got too big)

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By *ove2pleaseseukMan
over a year ago

Hastings

So how has ever asked a builder how much for cash.

Or paid cash for a taxi.

Or even paid cash for an item in a corner shop.

 (closed, thread got too big)

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By *ionelhutzMan
over a year ago

liverpool


"So how has ever asked a builder how much for cash.

Or paid cash for a taxi.

Or even paid cash for an item in a corner shop."

?

 (closed, thread got too big)

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By *ove2pleaseseukMan
over a year ago

Hastings


"I’m an agency worker on paye. I got nothing from the furlough scheme and I’ve got nothing from the latest scheme.

I’m sure I’ll be expected to pay extra tax for all those who did though when it comes to paying off the debt

I worked through it all, so I never received anything from any scheme's, as did not need it, but guess I will have to pay extra tax,so on that note, are you saying only people who benefited from the scheme or the ones who had to claim benefits should have to pay extra tax?

I haven’t had any paid work from February until this week so have gone through my savings to survive, so my sympathies to those who have worked throughout might be a bit thin sorry."

No not at all it's been hard for lots. And I have seen both sides with my Daughter on furlough and getting over paid.

 (closed, thread got too big)

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By *ove2pleaseseukMan
over a year ago

Hastings


"So how has ever asked a builder how much for cash.

Or paid cash for a taxi.

Or even paid cash for an item in a corner shop.

?"

All no tax paid yes even me that's how I know it is easy to legally avoyd tax PAYE is so out of date it's a tax for the pore.

You say your puplic sector so you don't see the loop holes

 (closed, thread got too big)

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By * and M lookingCouple
over a year ago

Worcester


"Well Boris and Co will just walk away and into high paid consultancy and speakers jobs leaving the usual suspects to foot the bill.

Welcome to reality 2020

Its hardly new.Thats what they do "

And yet we still.let this farce continue.

 (closed, thread got too big)

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By *ove2pleaseseukMan
over a year ago

Hastings


"Well Boris and Co will just walk away and into high paid consultancy and speakers jobs leaving the usual suspects to foot the bill.

Welcome to reality 2020

Its hardly new.Thats what they do

And yet we still.let this farce continue."

So would you back an increase on VAT if there was a proportional decrease in PAYE

 (closed, thread got too big)

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By *ionelhutzMan
over a year ago

liverpool


"Well Boris and Co will just walk away and into high paid consultancy and speakers jobs leaving the usual suspects to foot the bill.

Welcome to reality 2020

Its hardly new.Thats what they do

And yet we still.let this farce continue."

People voted for them.

You get what you deserve.

 (closed, thread got too big)

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By *ionelhutzMan
over a year ago

liverpool


"So how has ever asked a builder how much for cash.

Or paid cash for a taxi.

Or even paid cash for an item in a corner shop.

?

All no tax paid yes even me that's how I know it is easy to legally avoyd tax PAYE is so out of date it's a tax for the pore.

You say your puplic sector so you don't see the loop holes "

Our tax comes out at source.

 (closed, thread got too big)

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By *ove2pleaseseukMan
over a year ago

Hastings


"Well Boris and Co will just walk away and into high paid consultancy and speakers jobs leaving the usual suspects to foot the bill.

Welcome to reality 2020

Its hardly new.Thats what they do

And yet we still.let this farce continue.

People voted for them.

You get what you deserve. "

Go on tell me you work for HMRC LOL

 (closed, thread got too big)

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By *ove2pleaseseukMan
over a year ago

Hastings


"So how has ever asked a builder how much for cash.

Or paid cash for a taxi.

Or even paid cash for an item in a corner shop.

?

All no tax paid yes even me that's how I know it is easy to legally avoyd tax PAYE is so out of date it's a tax for the pore.

You say your puplic sector so you don't see the loop holes

Our tax comes out at source."

But When you spend you money do you think about is the company or person paying tax.

I quote you a job and it comes to £1200. You say what if it's for cash?

Ok if it's cash can do it for £1000 Good deal yes.

 (closed, thread got too big)

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By *ove2pleaseseukMan
over a year ago

Hastings


"So how has ever asked a builder how much for cash.

Or paid cash for a taxi.

Or even paid cash for an item in a corner shop.

?

All no tax paid yes even me that's how I know it is easy to legally avoyd tax PAYE is so out of date it's a tax for the pore.

You say your puplic sector so you don't see the loop holes

Our tax comes out at source."

Up until some time ago did not pay tax at all

 (closed, thread got too big)

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By *ionelhutzMan
over a year ago

liverpool


"Well Boris and Co will just walk away and into high paid consultancy and speakers jobs leaving the usual suspects to foot the bill.

Welcome to reality 2020

Its hardly new.Thats what they do

And yet we still.let this farce continue.

People voted for them.

You get what you deserve.

Go on tell me you work for HMRC LOL"

Nope

 (closed, thread got too big)

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By *ionelhutzMan
over a year ago

liverpool


"So how has ever asked a builder how much for cash.

Or paid cash for a taxi.

Or even paid cash for an item in a corner shop.

?

All no tax paid yes even me that's how I know it is easy to legally avoyd tax PAYE is so out of date it's a tax for the pore.

You say your puplic sector so you don't see the loop holes

Our tax comes out at source.

Up until some time ago did not pay tax at all "

?

 (closed, thread got too big)

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By *ove2pleaseseukMan
over a year ago

Hastings


"So how has ever asked a builder how much for cash.

Or paid cash for a taxi.

Or even paid cash for an item in a corner shop.

?

All no tax paid yes even me that's how I know it is easy to legally avoyd tax PAYE is so out of date it's a tax for the pore.

You say your puplic sector so you don't see the loop holes

Our tax comes out at source.

Up until some time ago did not pay tax at all

?"

3 limited companies 2 run at a loss and most of the work done for cash any work through the company paid bills easy

If the company had to much money move it through ebay and paypal why lose 20% when you can move it and lose 5% so meany are doing this now.

So scrap PAYE 15% if your earning £50,000 and put vat up to 35% much harder to get round.

 (closed, thread got too big)

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By *he Happy ManMan
over a year ago

Merseyside


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ? "

I think a lot of new taxes are coming.

 (closed, thread got too big)

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By *ophieslutTV/TS
over a year ago

Central

Transfer it to a 0% card for a couple of years, whilst we spend some more

 (closed, thread got too big)

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By *orkiecplCouple
over a year ago

York

There are 32 million cars on the road increase road tax by £ 20 for all cars, raise V.A.T to 22.5 %, increase fuel duty on petrol and diesel by 5p per litre, increase tax on wine, beer ,sprits , increase tax on cigs by 20p per pack and by 50p per 30grm pack, increase national insurance from 9% at its lowest level to 12.5%. Raise income tax on earnings above £ 60,000 by 1% and increase income tax on higher earners by 2% from what they are at now, Im sure they are lots of other ideas that will work too , but be prepared to pay higher taxes hidden taxes or plain sight taxes for 50 years or more

 (closed, thread got too big)

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By (user no longer on site)
over a year ago

There's a really easy solution. When they come to collect the money, everybody in the country just needs to hide until they go away. Sorted.

 (closed, thread got too big)

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By *EloveMan
over a year ago

Pool of Life


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Print some more money"

Hahaha

Or have a new war

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By * and M lookingCouple
over a year ago

Worcester


"Well Boris and Co will just walk away and into high paid consultancy and speakers jobs leaving the usual suspects to foot the bill.

Welcome to reality 2020

Its hardly new.Thats what they do

And yet we still.let this farce continue.

So would you back an increase on VAT if there was a proportional decrease in PAYE"

There will be no decrease in any taxation after this.

Imagine that the benefits system will need shoring up.

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By * and M lookingCouple
over a year ago

Worcester


"So how has ever asked a builder how much for cash.

Or paid cash for a taxi.

Or even paid cash for an item in a corner shop.

?

All no tax paid yes even me that's how I know it is easy to legally avoyd tax PAYE is so out of date it's a tax for the pore.

You say your puplic sector so you don't see the loop holes

Our tax comes out at source.

Up until some time ago did not pay tax at all "

Prince Andrew.......is that you sir

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By (user no longer on site)
over a year ago

Same ad the torys always do...

Tax cuts for the rich while blaming the civil service and freezing their pay for another 20 years, cutting benefits and giving them selves above inflation pay rises

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By (user no longer on site)
over a year ago

Most of the debt can be recovered through taxing the rich and their offshore havens... oh wait, as if the Tories would ACTUALLY do that.

NOPE! Retirement extended until you're 95, cancel the NHS, remove all police and replace with nodding cardboard cutout signs, blame the poor for not working hard enough and DEFINTELY don't tax the rich, who can actually afford it.

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By * and M lookingCouple
over a year ago

Worcester

Love how its always the rich that get the blame.

They don't make the rules but the "old boys network" is where you really want to look.

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By *uliaChrisCouple
over a year ago

westerham

The real figure is considerably higher. Our official debt figures never included unfunded public sector pensions, we were well over 2 trillion in debt years ago.

I’ve talked to a few bankers about this sort of thing. We were never going to payoff the 2 trillion anyway, and we won’t payoff the 3 trillion either.

No one knows the end game, but no we’re not alone.

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By *hilloutMan
over a year ago

All over the place! Northwesr, , Southwest


"The real figure is considerably higher. Our official debt figures never included unfunded public sector pensions, we were well over 2 trillion in debt years ago.

I’ve talked to a few bankers about this sort of thing. We were never going to payoff the 2 trillion anyway, and we won’t payoff the 3 trillion either.

No one knows the end game, but no we’re not alone. "

Exactly the same as in the U.S. where unfounded liabilities total a sum nearly equivalent to world GDP.

The fact that the derivatives bubble is estimated at 1.5 quadrillion dollars shows how the financial and banking system modelled originally on the BoE is no longer viable.

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By (user no longer on site)
over a year ago


"Love how its always the rich that get the blame.

They don't make the rules.

"

I think you'll find that with a healthy donation to the 'old boys network' that they do in fact make a lot of the rules.

Pretty sure Joe the Plumber doesn't have much direct influence on political policy affecting tax rates.

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By (user no longer on site)
over a year ago


"With Uk now over 2 Trillion In debt ,record borrowing in August 36 billion what do you think they will do to balance the books before Uk is in very serious trouble ?

Print some more money If they carry on with that we’ll end up with a Junk currency

Only if your the only currency doing it...and believe me we aren't "

This.

Many seem to forget everyone is in this boat.

I've been wondering who is everyone borrowing from? China?

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By (user no longer on site)
over a year ago

And still.. No-one is blaming the Chinese!

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By *ornycplnorfolkMan
over a year ago

Norwich

There is a very obvious and simple way to do it.

But it needs a worldwide global economy crash to set it up... que COVID..

I’m not going to tell you what it is but it’s not hard to find the answers if you look.

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By *ionelhutzMan
over a year ago

liverpool


"And still.. No-one is blaming the Chinese! "

Its chinas fault we are 2 trillion in debt?

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By *agneto.Man
over a year ago

Bham


"It’s just numbers on a computer screen, it’s not real. The political ideology of whatever government is in power, determines how that debt impacts us, it’s not the debt itself "

Preach brother. It's just a nonsense.

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